Kamala Harris Wants America to Have the World's Highest Death Tax

[Lesh]

And here’s why you can’t

That would only kick in on $100 million

Analysis of Harris’s Billionaire Minimum Tax on Unrealized Capital Gains

In her campaign for president, VP Kamala Harris has embraced all the tax increases President Biden proposed in the White House FY 2025 budget—including a new idea that would require taxpayers with net wealth above $100 million to pay a minimum tax on their unrealized capital gains from assets...

taxfoundation.org

Wamose is either dishonest or stupid

 

[wamose]

Show us a proposal that would tax THAT particular property

I’m betting you can’t

Rising house value is an unrealized capital gain. Harris wants to tax unrealized capital gains. Or how about this. Some dudes family collects things. Cars, art, antiques. When these collectables become extremely valuable, Harris is going to come around and collect taxes on their appreciation, which will probably result in the person having to sell everything just in order to pay the taxes. It could also happen to family estates, family farms, family businesses or personal investments. Harris is an evil ***** that everyone should avoid like a snake. MAGA

 

[Hollie]

Did. I rant about Harris and then complain about state inheritance taxes?

No?

That was you?

Oh

You whined and moaned about “kids to be handed tens of millions”.

Did you not understand what you posted?

 

[Lesh]

You whined and moaned about “kids to be handed tens of millions”.

Did you not understand what you posted?

I completely understand what I posted. No one knows what you’re talking about.

 

[Lesh]

Rising house value is an unrealized capital gain. Harris wants to tax unrealized capital gains. Or how about this. Some dudes family collects things. Cars, art, antiques. When these collectables become extremely valuable, Harris is going to come around and collect taxes on their appreciation, which will probably result in the person having to sell everything just in order to pay the taxes. It could also happen to family estates, family farms, family businesses or personal investments. Harris is an evil ***** that everyone should avoid like a snake. MAGA

You’re talking about inheritance in excess of $26 million.
Unrealized capital gains concerns in excess of $100 million

 

[Hollie]

I completely understand what I posted. No one knows what you’re talking about.

You completely forgot what you posted. You cut and paste rather than attempt to string words into coherent sentences. It’s a function of your obvious limitations.

 

[Hollie]

Rising house value is an unrealized capital gain. Harris wants to tax unrealized capital gains. Or how about this. Some dudes family collects things. Cars, art, antiques. When these collectables become extremely valuable, Harris is going to come around and collect taxes on their appreciation, which will probably result in the person having to sell everything just in order to pay the taxes. It could also happen to family estates, family farms, family businesses or personal investments. Harris is an evil ***** that everyone should avoid like a snake. MAGA

Yes. And for folks with money in the stock market or mutual funds, unrealized gains would be increase in your stock’s value even though you never sold the stock, thus never had a realized gain.

 

[wamose]

You’re talking about inheritance in excess of $26 million.
Unrealized capital gains concerns in excess of $100 million

Yeah, well that will end up just like "nobody making under 400K will have a tax increase or if you like your plan, you can keep your plan". It's all bullshit. In my opinion, anyone who would even entertain the thought of taxing unrealized capital gains is a greedy, un American, evil POS. But lets say for argument sake that your thresholds of 26 mil and 100 mil are accurate. What would happen to the large corporations, the factory farms or even Manhattan, which was bought for 28 dollars and some trinkets. What kind of evil idiot would think that NYC should pay capital gains on the full value of Central Park, which they basically swindled from the Indians. My point is that people who would even entertain the idea of taxing unrealized capital gains are evil, no matter what the dollar amount. Enough of this insanity. MAGA

 

[Lesh]

Yeah, well that will end up just like "nobody making under 400K will have a tax increase or if you like your plan, you can keep your plan". It's all bullshit. In my opinion, anyone who would even entertain the thought of taxing unrealized capital gains is a greedy, un American, evil POS. But lets say for argument sake that your thresholds of 26 mil and 100 mil are accurate. What would happen to the large corporations, the factory farms or even Manhattan, which was bought for 28 dollars and some trinkets. What kind of evil idiot would think that NYC should pay capital gains on the full value of Central Park, which they basically swindled from the Indians. My point is that people who would even entertain the idea of taxing unrealized capital gains are evil, no matter what the dollar amount. Enough of this insanity. MAGA

You can’t argue the facts so you just babble

 

[Lesh]

Yes. And for folks with money in the stock market or mutual funds, unrealized gains would be increase in your stock’s value even though you never sold the stock, thus never had a realized gain.

Read this slowly

100 MILLION DOLLARS

 

[Hollie]

Read this slowly

100 MILLION DOLLARS

Don’t be such a naive rube. That number will change.

 

[Lesh]

Don’t be such a naive rube. That number will change.

To what? 90 million?

 

[Fort Fun Indiana]

Makes sense, given our insane and embarrassing wealth gap.

 

[Hollie]

To what? 90 million?

Likely much less. Tax and spent democrats are money grubbing whores. Who do you think is now paying for the democrat’s imported illegals? Who will pay for the next 10 million?

 

[Lesh]

Likely much less. Tax and spent democrats are money grubbing whores. Who do you think is now paying for the democrat’s imported illegals? Who will pay for the next 10 million?

Likely? Based on what?

 

[wamose]

Read this slowly

100 MILLION DOLLARS

So, every company on the NYSE is worth over 100 million. What happens when the stockholders, many of them pension plans, find out that their holding is going to be taxed on its unrealized appreciation, which would amount to billions, and that their stock is now only worth half as much, if that. Imbecillic Democrats, in their rush to get their greedy paws on some more taxpayer money, aren't smart enough to realize they would totally destroy this economy with such an evil tax. They're either too dumb or they don't give a **** about our country. Wake up lady. MAGA

 

[Hollie]

Likely? Based on what?

Likely based on the history of money grubbing, tax and spend democrats.

Where did the $100 million dollar number come from?