HE'S LIKE A NEW MAN
FUCK I'M RIDING WITH BIDEN NOW
Carter Fisher
Hunter Nelson
Explain what "unrealized gains" are. You can't because you leftist pukes are too financially ignorant to understand what, precisely, you want. You don't even know. You just parrot what your multi-billion dollar media corporation overlords tell you.
You're only a leftist faggot because you're physically weak. Physiognomy is real. Hit the gym and you'll smarten up. Physical Health = Mental Health.
You're a manlet faggot so your brain functions like one. Hit the gym. Shoot some juice. Get yourself in shape and you'll find that you no longer understand wanting to share that which you've earned with others who didn't earn it.
John Carter
The unrealized gains thing is a smoothbrain idea that the retards in this generation need to let die. Despite having no authority to tax these under the 16th Amendment, how would it functionally work? Can you write off unrealized losses? Do you have to file a tax return at the end of each day when the market closes?
Tyler Morales
you amerimutts know that papa-biden is just a election puppet and that hillary clinton is the really one making political decisions in your kike-infested country, right?
Ian Davis
Meant to say administration not generation
Aiden Perez
of course the commies want to tax things that don't physically exist. imagine having income you don't own taxed, and then the market tanks, but you still have to pay tax on something that never materialized.
Andrew Bennett
The theory is that they don't like "billionaires" holding assets like property and stock over a long period of time which rise in value, partly due to them hyperinflating the currency. So they want to regularly tax a hypothetical income if these assets were sold, even though they aren't being sold. It would be ripe for legal challenge and would without a doubt eventually trickle down to middle class homeowners and the 401k's of working people. Just standard liberal economic illteracy.
Andrew Young
everything you own is an unrealized gain, and you are who he is targeting.
Xavier Martinez
i'd love to see the IRS write bezo's a check for his loses but they won't. they still will tax him as IF he actually got the amount that was "projected." all this will do is cause less people to use stocks, less people to invest in real estate, and less people to invest in anything considered risky. IE, less people are going to invest.
and when that happens, the commie dipshits will be arguing for a a wealth tax all the way down to the middle class. i never forgot how these same fiends in 2008 were arguing for a wealth tax down to 500k a year. that failed, which is why they are now trying to "millionaires and billionaires." their main goal is to make it that we don't own anything. and be happy.
Noah Cooper
Until you look at the details and discover you're being fucked too, and since you aren't rich it will hurt you more.
Joseph Gomez
A tax on unrealized gains would annihilate homeowners.
Gavin Reyes
If they have unrealized gains, I have unrealized losses.
Right? Only plausible outcome
Nolan Moore
>unrealized gains
uh... billionaires aren't the only people with "unrealized gains." Lots of middle class people have investments too.
And mark my words, this is going to hurt the middle class far more than it will hurt billionaires. Guess it's time to take all my money out of the US now.
Oliver Nguyen
It's such a comically horrible idea to tax unrealized gains. The next Republican administration (if ever, all things considered) will immediately repeal it and will be railed for giving billionaires a tax cut.
>be billionaire
>have stock
>stock up
>tax time
>might as well realize my gains ima be taxed either way
>pull money out of the market
>short term investments incentivized
>long term investments penalized
>macroeconomically retarded
Matthew Turner
Benjamin Jackson
That's the brunt of why this wouldn't work. Facebook could crash (like it did recently) and Zuckerburg would be able to then write off or recoup the last five years of taxes he paid. You'd need a million IRS Agents to properly enforce this shit.
The government could just refuse to pay it back, but then you'd have more constitional government-takings challenges and due process issues, unless of course they just want to shred that document entirely at this point.
Robert Harris
Joe off script on taking Putin out. He needs to fire his staff and do more of this. He rattled China.
BB- The Chinese Communist Party, and the Global Times in particular, have expressed preoccupation with the events that led to the end of the Soviet communist regime for years, referring to its demise as a less for Beijing that it takes with utmost seriousness. In 2017, applauding Chinese dictator Xi Jinping after the debut of his personality cult ideology, “Xi Jinping Thought of Socialism with Chinese Characteristics for a New Era,” the Global Times loudly proclaimed that China would escape the Soviet Union’s fate by clinging to “ancient traditions” that make Chinese political culture superior to Russia’s. The propaganda outlet has referred to the liberation of the post-Soviet states as a “geopolitical disaster.”
Maybe Joe isn't a spud after all.
Owen Wood
>taxing unrealized gains
I will literally go the DC and kill people
Ayden Russell
How does this actually hurt billionaires? The only ones who will
be fucked are people hoping to use their company equity as a retirement. In other words boomers who are already retired fuck over everyone else with taxes to pay for niggers.
Ryder Reyes
Imagine defending billionaire kikes >FOR FREE
Xavier Reyes
their goal is pic related.
Julian Wilson
>imagine defending mentally ill communist that want you to own nothing.
Gavin Fisher
Stopped clock analogy.
Joshua Hughes
imagine having to pay for propaganda in fucking 4 chan this nigger is down and dragging though the mud
Luis Howard
William Flores
What other option is there when 99.9% of the wealth is held by 0.01% of the population. The lower classes have no money to give and are too fat and diabetic to work.
Jeremiah Nguyen
>redistribute the wealth!
Benjamin James
So rich Americans will move out of the country now.
>Great move Biden!
>You will speed run, ruining your economy !
William Torres
>hippity hoppity abolish private property! go leftypol.org!
Jayden Lee
>be rich
>don't sell something
>it goes up in value
>get taxed whether you sell it or not
This will end in two different ways:
The billionaries sell literally everything that can be fucked by "unrealised gains"
Or they just stop putting whatever they have in american soil.
The tax is so fucking stupid that billionaires will dodge it because they're rich and they'll slap it down another tax band. Then another until the plebs feel it.