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The New Coffee Room

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  3. SCOTUS to consider taxing unrealized capital gains

SCOTUS to consider taxing unrealized capital gains

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  • MikM Away
    MikM Away
    Mik
    wrote on last edited by
    #1

    I'm pretty sure they're going to squelch it, as they should.

    https://www.msn.com/en-us/money/markets/the-stakes-are-high-as-supreme-court-considers-this-obscure-unconstitutional-tax/ar-AA1jk27F?ocid=msedgntp&cvid=06fe991e98244db39d74a9ba252d4747&ei=22

    "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

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    • George KG Offline
      George KG Offline
      George K
      wrote on last edited by
      #2

      It's a wealth tax in disguise. And not a particularly good disguise either.

      "Now look here, you Baltic gas passer... " - Mik, 6/14/08

      The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

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      • MikM Away
        MikM Away
        Mik
        wrote on last edited by
        #3

        It's a lot like when porn stars wore Lone Ranger masks.

        "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

        George KG 1 Reply Last reply
        • MikM Mik

          It's a lot like when porn stars wore Lone Ranger masks.

          George KG Offline
          George KG Offline
          George K
          wrote on last edited by
          #4

          @Mik said in SCOTUS to consider taxing unrealized capital gains:

          It's a lot like when porn stars wore Lone Ranger masks.

          That was a thing?

          "Now look here, you Baltic gas passer... " - Mik, 6/14/08

          The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

          1 Reply Last reply
          • 89th8 Offline
            89th8 Offline
            89th
            wrote on last edited by
            #5

            I'm lazy and didn't click the link, but if they taxed unrealized cap gains, do they send you a check for unrealized cap losses?

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