Do you think you'll get a refund?

[gorydetails]

Commie Camela wants a 45% capital gains tax and a tax on unrealized gains.

For those of you who are slow - that means that if you buy a house for $200k and it's now worth $400k you pay a tax on the $200k difference even though you've not sold the house.

Then when you do, you'll pay a near 50% tax on the sale of the house minus what you owe.

So if the market collapses, will you get a tax refund if you have an unrealized loss?

[DrPepper12]

Kamala Harris supports President Biden's capital gains tax proposal, which includes a 44.6% tax rate on capital gains for high-net-worth individuals with over $100 million in wealth.

Additionally, there is a proposed 25% tax on unrealized gains for these individuals. While Harris's support aligns with targeting wealthier individuals, specific income or asset thresholds for broader application are not detailed in her proposals. The focus appears to be on high earners, consistent with Biden's broader tax strategy.

A proposed 44.6% capital gains tax could have several economic impacts:

Stock Market Volatility: Investors might rush to sell assets before the tax increase, potentially causing market instability and a decrease in stock prices.

Entrepreneurial Impact: Small business owners could face challenges, as they may need to significantly increase business value to achieve the same net financial gains, possibly leading to more business sales and job losses.

Real Estate Market: Higher taxes might prompt property sales, potentially leading to a surplus in the market and affecting property values.

[gorydetails]

So yes, a commie cash grab.

[DrPepper12]

I'm all for targeting high value individuals but that has to be coupled with higher corporate rates too

[normalice]

That isn't what it means, though. But I understand you christian nationalists know your ideas are unpopular and so have to try to call everything trying to stop you a communist. Because you know there is no other way to get your christian nationalism 🤷

[normalice]

I'm saying kamala is not talking about taxing a 200k house, you weirdos.

[normalice]

It was a lie to generate outrage because you have nothing real to pout about 😅

[Dongie]

@gorydetails, you know I think he's a girl.

[jamesgoldman]

110% taxation on all assets, remember you'll own nothing and be happy about it

[jamesgoldman]

Because 110% is plenty to stop anyone having anymore
The extreme leftist is unhappy his mistresses' plans have been exposed, he thinks she won't cackle as he's over the pit, cold steel pressed against his skull

[jamesgoldman]

Like the mistresses financial plans

[jamesgoldman]

You must know the math doesn't check out but then I've never met a liberal who wasn't afraid of numbers especially being checked/verified

[jamesgoldman]

You're fabricating numbers (300,405% ring a bell)... I spit nothing but truth about the upcoming reality you dream about

[jamesgoldman]

If course I know but to avoid the indoctrination I don't listen to leftists

[jamesgoldman]

Anti-Semitism was the point I drew the line, I see a liberal riot and wish a had a fire truck full of napalm and some matches, problem needs solving and eradication is after all a liberal doctrine

[jamesgoldman]

Nazis are your boys given the anti Semitic ramblings and threats of your liberal sect, I have plenty of Jewish friends and liberals are a fear of us all... hell one of them was there and feared the liberals getting it to power (he's just turned 91)

[normalice]

@jamesgoldman gaslighting, eh. I guess that goes with the gas cha, bers. You see, when nazis were running over protestors in 2017-2020 your orange day one dictator said there was good people on both sides. And you not a single one of you fakes instantly abandoned him.

I'm not saying you are a nazi but the nazis think they are one of you and none of y'all have done a single thing to correct them.

[jamesgoldman]

I couldn't care about Trump, sure I bet on him first time round but by the end of the term he was off the chain

Yet we think you guys are Nazis so there's some weird circle going on

[normalice]

@jamesgoldman yeah, Goebbels came up with the strategy of "accuse the other side of that which you are guilty." And right wing media treats Goebbels's musings pretty much as an instruction maunal.

[jamesgoldman]

It's more the Nazis think they are right wing but much of the right wing views them as left wing so they thankfully don't have a place at all

[normalice]

@jamesgoldman the horseshoe theory was also part of Goebbels's strategies, yes.

[jamesgoldman]

I've not had the time or stomach to read nazi ideology, however my Jewish reading on the other hand the book I've recently finished was published when he was a sparkle in his father's eye

[normalice]

@jamesgoldman I haven't read him either. People just point out where the idea came from when politicians or the media project onto the other side and it's always the right that does it.

[DrPepper12]

@normalice.
@jamesgoldman.

"Not all MAGA are Nazis but all Nazis are MAGA"
The "anti-Semitism" on the left is legit criticism of Israeli policy by a corrupt war criminal leading a theocratic, authoritarian, apartheid state using the best equipped best fed best resource terrorist organization on the planet: The IDF

[normalice]

Yeah. I try to avoid letting the conversation drift to a defense and stay focused on the first main point. I'm determined not to let whataboutism continue to work its magic. They are well aware the left aren't the actual anti sematic ones. The only reason they are coming up with the accusation is because they want to continue being antisematic. Defending the left from a fake accusation only wastes time and energy and that was the whole point- because while we are defending the left from fake accusations we aren't pressing them on their very real problems, which was their true goal all along.

So, I just ignore it.

[gorydetails]

@DrPepper12 oh, it's (D) ifferent. Why am I not surprised.

[normalice]

If you can't tell the difference between peaceful, protests and running people over you're just trying not to because you want to run people over 🤷

[gorydetails]

We're not talking about Darrell Brooks.

[normalice]

I know. So why try to change the subject to what we're not talking about? Is it because you want nazis to be allowed to run protestors over?

[gorydetails]

ok, good. we're not changing the subject. So now we can go back to Camela's commie plan to tax unrealized gains.

[normalice]

Again, you lied about a tax on a meager 200k.

because you want christian nationalism.

[normalice]

You lied about a tax on 200k of unrealized gains.

Because you just want christian nationalism.

[jamesgoldman]

Don't bother with the blinkered liberals, they might take them off for a second as Kamala's executioner has them facing the wall, sure they'll have killed us as we didn't vote for her but they won't be spared

[normalice]

Ah, there it is. That justification for murder through grievance fantasies that people want to murder you. Damn weirdo.

[jamesgoldman]

You guys are electing the killers who'll wipe out the US population to sell it to China... no justification of murder other than your dreams which will be granted before the screw twists and you're on the list

[normalice]

No, you're just fantasizing about that because you have a persecution complex.

[jamesgoldman]

Clearly evidenced by actions your appointed dictators have made in their short times in the granted positions

[normalice]

We don't have appointed dictators. You gotta thicken that tinfoil hat as it's clearly not working.

[jamesgoldman]

Kamala and Sir Kier are both yours I believe

[jamesgoldman]

Of course you'd claim that you think she'll make you her executioner rather than having you put to the wall

[Anonymous]

Even with and without that law you still can’t afford to buy a house so I don’t know why you care.

[Surely]

Good comparison. Even if it only includes investments. It will still be a pain in the butt!
But how else will they pay for the free stuff that they are promising?

[DrPepper12]

No individual under $400K will see a tax increase. 10% of Americans own 90% of stocks so why are you bitching about the maximum 10% middle class (that's generous by the way) who may have to pay but likely don't cuz their in index funds, not individual stocks? It's cuz the lies must be fed to the fox outrage machine for dissemination!

[Surely]

@DrPepper12 I really hope that you are correct on your statements. But do you really think that millionaires are going to write an IRS Tax Law that will punish them for being millionaires. Since so many claim to have been the average person before they became politicians. Millionaires didn’t get rich without knowing the tax loopholes that the average person cannot use!
Kamala by the way was worth 6 million in 2020. Not bad for paying for college and flipping hamburgers at McDonalds!
Remember Obama care? Polosi saying that they needed to pass it to see what was in it!
While I was off sick from work. Obama sent me a letter saying that he was taking 60 some dollars off of my sick pay for the deficit reduction act! So forgive me for not trusting certain politicians when they are avoiding answering any questions about how they are paying for government programs.
The printing press only prints money for so long until you can’t afford it!

[gorydetails]

@DrPepper12 odd the original income tax was only going after the rich as well. That’s the problem with you commies. Everyone who is successful needs to be brought down a peg to your level.

[exitseven]

The answer to your question is NO. The government taketh away but does not giveth ,

[DrPepper12]

*Exceptions may apply. See your red state governor for more details on how blue states subsidize red.
** Reality is the sponsor of this message

[Anonymous]

Wealth confiscations, I called that shit like Babe Ruth called a shot

Let's see how the genocide comes up

[DrPepper12]

You spelled taxation and civilization wrong...

[Opinion Owner]

Wait until you get billed for everything you own, you refuse and just get shot

[Dongie]

I guess a person can't say some things.

[Dongie]

Yep. And beats a subject into the ground, she does.

[gorydetails]

then they report the question. hilarious.

[Dongie]

Yep, but I find her attacks on Christianity to be most appalling.

[Dongie]

I got 2 days to think about it

[Dongie]

I figured. I blocked her

[gorydetails]

I wouldn't be surprised if she has more than one account.

[Dongie]

Right. It must be a miserable existence to be such a fruitcake.

[Dongie]

Hah, @jamesgoldman, give her hell. Be careful, tho. She bites.