What is your take on taxing the rich and unrealized gains, Burger anons?

What is your take on taxing the rich and unrealized gains, Burger anons?

Attached: file.png (1072x458, 175.1K)

>whoops we missed
>pay your taxes goy

billionaires are already taxed 51%.
this is just marketing to the gullible.

>Unrealized gains
>UN-REAL
Unrealized gains are increases in the value of an investment that exist only on paper since the investment has not yet been sold. This could happen with a stock that has been purchased and had an increase in its fair value, but the investor is still holding the stock.

Any country that has politicians about this needs a civil war

All that virtue signaling for 360b over ten fucking years. It's literally a nothing burger

this
>literally people start dumping their investments
>oh no the stock market is crashing
>Boomers loose their pentions
>boomers seethe

What’s the point? Just keep printing money. We can give everyone a million dollars and we can all be rich

Once government gets that money from billionaires, it will adjust its budget to spend More. The government has an insatiable appetite for stolen money.

America's government always spends more every year, so they will have to keep expanding who qualifies for taxes on unrealized gains, until everyone is paying the tax. This process will take 20 years or so.
Taxing unrealized gains, like all taxes, hurts the economy and provides no benefit. It hurts the poor and will shrink the economy and scare away businesses and investors.

The purpose of these kinds of taxes is to reduce our standard of living. The democrats want us poor, starving, cold (or unbearable hot) and living in darkness, and entirely reliant on the state for sustenance.

We need a civil war.

Attached: 1626319198856.jpg (227x222, 7.64K)

>stock rises 100% in 2021
pay pay tax
>stock crashes by 75% in 2022
Do investors get a rebate? no.

>unrealized gains

Attached: 1472441746361.png (420x420, 266.71K)

why is it always glowies talking about a civil war

Attached: 1642527585180.png (700x507, 192.31K)

That money will just go to foreign countries.

Build Back Broker

It's clearly a form of government overreach designed to give a bunch of talentless inbred useless retarded fucks authority to transfer wealth how they see fit and they will transfer it in the most retarded way possible.

The real issue is allowing companies to get over I would around 1 billion a year or so in revenue.

If I had to sum up the last 40 years in the US, it's that paper ballot, legal mechanism implimented by secret societies and foreign intel services, immigration and electronic voting machines have been used to repeatedly steal elections for the purpose of consolidating power for the specific purpose of constricting the number of businesses people can purchase things from as a way to artificially keep prices sky high. The reason products are getting more expensive every year has almost nothing to do with inflation or money printing, it has everything to do with artifical price controls and debt load servicing.

We are at the natural end of that cycle where the political pendulum has been pulled so far back that either it corrects rapidly in a peaceful way or all hell literally breaks loose.

What needs to happen is a limitation of foreign involvement in domestic affairs combined with application of RICO and Antitrust lawsuits to break up companies in a disorderly fashion, plus the imposition of legislation to limit the use of money printing as anything other than a tax (something along the lines of 2\3rds or 3\4ths vote of congress) and a withdraw and drawdown of big government.

>NOOOO YOU CAN'T DO ANYTHING ABOUT IT
>SIT BACK AND VOTE HARDER GOY!
>MUH GLOWIES

Attached: 1642063032066.jpg (500x404, 184.96K)

>inciting civil war online where everything said gets rooted through prism aka. NSA

retard

>stock crashes by 75% in 2022
>Do investors get a rebate? no.
Are you retarded? they get to claim it as a loss and it's deducted from their taxable income.

This will destroy USA

They'll pass the tax on to consumers by raising the price of every product and service they sell. You don't have to be a genius to know they can easily funnel the money back to themselves by price gouging, especially if they hold patents and operate by way of monopolies.

Makes me nervous desu.
I raise boer goats. When the kid is born its worth maybe $50 without all the infrastructure I have (including its mother) to raise it to a salable age. When I sell them I get around $2.80/lb on a 130 pound animal for culls to up to $4500 for the cream of the crop. I generally keep the top end of does for breeding and only sell the expensive bucks for breeding. Under an unrealized gains tax I would have to pay tax on literally tens of thousands of dollars of goats every single god damned year just to keep quality replacements. under an unrealized gain tax I would be incentivized to keep lower quality does as their tax burden would be lower while selling higher quality does because I couldn't afford to keep them and would need their money to pay the tax. As a result my herd would diminish in quality year after year.
>but user it only applys to the super rich
you mean like the people writing the laws? 100% certainty they go ahead and tax us while leaving themselves a way out
>who the fuck cares about goats
it applies to everything, you don't want to be stuck holding nice things, make your money fast and get the fuck out, its a race to the bottom

No, that's when the media calls it a loophole and the rich getting away with not paying taxes.
Then retards pressure congress to close the loophole.

tax the rich, even if it worked, gives the government more money? to do what? trannie programs, and fauci more programs torturing puppies, more money for Ukraine?

>Are you retarded? they get to claim it as a loss and it's deducted from their taxable income.
only if they sell. remember, this is a tax on unrealized (unsold) gains.
secondly, you only get to claim a maximum of 3000 dollars a year in losses.

> Everything appreciates as dollar becomes weaker
> Get taxed for "unrealized gains" on everything you own

I imagine that no one would pay the taxes on the value of something that they are not putting to use?

>to do what?
To hire millions of pre-k teachers!
To build hundreds of miles of high speed rail!
To build wind and solar farms in africa!

will never happen in a million years, politicians are all wealthy investment class niggers

Hyperinflation and taxing unrealized gains.

IS HOW (((THEY))) GET IT ALL.

And how you end up eating ze bugs and ownzing nothingz.

The real issue with unrealized gains tax is that if the market crashes horribly, the government pays you. A Lot. Which means people will be making poor investment decisions intentionally to get paid by the government.

Wonder what date each year they will peg to unrealized gains.
It will make people sell before that date and then have realized long or short term gains.

I am at a loss of how this should actually work.

Say you have $5000 in your bank account but your stock portfolio has $100,000 in unrealized gains.

Because you know if they get it in the tax code for Billionaires, in a few years it will be for non billionaires as well. Courts will make sure of that.

Attached: 024 JOE BIDEN.jpg (750x1050, 436.69K)

>As a result my herd would diminish in quality year after year.
They've done that to humanity through welfare.

>He thinks it will work in reverse

Attached: 1633127823147.jpg (377x264, 23.26K)

Look what they do. Don't listen to what they say.

>stock investing becomes popular among poorfags
>taxing poorfags with their cringe unrealized gains in stocks
>call it TAXING THE BILLIONAIRES
you can't escape the cage

Government doesn't pay you shit.. Just gives you a credit against your future tax payable.

Make some money.

who exactly would be fighting in the civil war? the rich sending out their children to fight for once sounds pretty based, but i fear they'll be outnumbered 10000:1