Indeependent
Diamond Member
- Nov 19, 2013
- 73,633
- 28,506
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AKA Biden is pleasing his LibTard Cultists.Taxing unrealized gains won't pass judicial muster even if the turds in both Houses pass such legislation.
Their understanding of markets is juvenile, if such a law were constitutional people would have to sell things to pay the tax bill, thus depressing the market and dropping prices, and inducing a spiral down in markets thus making many of those unrealized gains smaller and smaller.