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2023-02-11 Home Front: Politix

Biden's 2025 Tax Agenda

[WSJ] He’s reprising Elizabeth Warren’s wealth tax on unrealized asset gains.

Heads the government wins and tails you lose.
This also will kill all stock markets and investment.Taxed for virtual gains.
Not permitted virtual losses.

Posted by 3dc 2023-02-11 10:25|| || Front Page|| [11130 views ] Top
File under: Tin Hat Dictators, Presidents for Life,

#1 ...And once they get virtual gains through on stocks, they'll hit us with it too.

"Hokay, here's your automotive property tax, and the bill for what you would have paid in taxes if you'd sold it."

"But I didn't sell it."

"Tough."

Mike

Posted by MikeKozlowski 2023-02-11 11:03|| 2023-02-11 11:03|| Front Page Top

#2 When you read that the servant caste of the Incas got taxed less than you do.

Posted by swksvolFF 2023-02-11 11:15|| 2023-02-11 11:15|| Front Page Top

#3 Nah - I'm not going to pay or register to read the Wall Street Journal.

Posted by CrazyFool 2023-02-11 11:34|| 2023-02-11 11:34|| Front Page Top

#4 Sure, why not? The US is already in the decline and fall stage. One more nail in the coffin isn't going to matter now.

Posted by DooDahMan 2023-02-11 11:39|| 2023-02-11 11:39|| Front Page Top

#5 The story in a nutshell - He’s reprising Elizabeth Warren’s wealth tax on unrealized asset gains.

Posted by Bobby 2023-02-11 12:48|| 2023-02-11 12:48|| Front Page Top

#6 So we've a year to sell off everything and go homeless?

Posted by Skidmark 2023-02-11 14:14|| 2023-02-11 14:14|| Front Page Top

#7 Might make tax-free muni bonds appealing.

Posted by Glenmore 2023-02-11 15:16|| 2023-02-11 15:16|| Front Page Top

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