He giveth and she taketh away

[Jolly]

Unrealized capital gains...

https://hotair.com/john-s-2/2024/08/20/kamala-harris-supports-bidens-plan-for-a-25-wealth-tax-on-unrealized-gains-n3793442

[jon-nyc]

If neither party can get the carried interest exception out of the tax code, this one ain’t never going to pass.

[Mik]

This has absolutely zero chance of ever getting through both houses, and I seriously doubt it could get through either one.

That said, tax the rich is a winner with the peanut gallery.

[Jolly]

Something is going to give, sooner or later. The debt is horrible, Social Security is on the rocks and the world is becoming a scarier place, which affects defense spending.

They (Washington) won't cut social program spending, so they must have more tax revenue.

[Axtremus]

@jon-nyc said in He giveth and she taketh away:

If neither party can get the carried interest exception out of the tax code,

Sad ...

this one ain’t never going to pass.

... and true.

[Jolly]

Would you prefer to tax capital gains, as proposed in the Dem Platform?

[jon-nyc]

Imagine trying to figure out the unrealized capital gains in your family plumbing business.

[Jolly]

@jon-nyc said in He giveth and she taketh away:

Imagine trying to figure out the unrealized capital gains in your family plumbing business.

I'm sure the IRS would work it out.

[LuFins Dad]

Start taxing future wages, too….