Yellen proposes a tax on unrealized capital gains......

10,387 Views | 107 Replies | Last: 3 yr ago by Whirligigs
StandUpforAmerica
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7:45p, 10/24/21
....... to finance Biden's "Build Back Better" plans.

Just remember, this plan cost zero dollars.

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annie88
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In reply to StandUpforAmerica • 7:45p, 10/24/21
AG
That **** can **** off.
Currently a happy listless vessel and deplorable. #FDEMS TRUMP 2024.
Fight Fight Fight.
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jagvocate
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7:45p, 10/24/21
AG
If it's not right to do it to us, it's not right to do it them.

Tree is parched.

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Ellis Wyatt
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7:46p, 10/24/21
Stealing from the middle class.
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itsyourboypookie
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7:49p, 10/24/21
Exceptionally wealthy = anyone with 250k in stocks

Just like 'we are only going to raise taxes on billionaires' = anyone with $600 in transactions on PayPal
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powerbelly
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7:49p, 10/24/21
AG
**** them. A large percentage of middle class wealth would immediately disappear (that is obviously the plan).
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PneumAg
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7:57p, 10/24/21
Evil.
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Not Coach Jimbo
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7:57p, 10/24/21
Does this mean I can write off unrealized losses?
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Fins Up!
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7:58p, 10/24/21
AG
They want to destroy the middle class. They don't want you traveling. They don't want you to own a house or property. They don't want you to own more than one vehicle. They don't want you to have food choices. They don't want you to vacation or have disposable income for leisure. They don't want you to have choices for health care or education.

Wake up! It's a war, and they've declared it. The elitist white liberal is your mortal enemy.

Destroy the middle class, and make everyone poor and dependent on the government that is ruled by the totalitarian elites.
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pfo
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7:59p, 10/24/21
AG
That would be a catastrophe! Wealth is created by individuals and corporations. The government consumes and destroys wealth.

Taxing unrealized gains will destroy what remains of wealth in the USA! Once the gov makes everybody poor, foreigners will own all the land, minerals and everything of value here. Because in order to pay taxes on unrealized gains, the assets will have to be sold. The buyers of those assets will be foreigners because Americans have just been robbed by the gov and will have no money to buy anything!

I'm not too worried about this happening. Home owners will hate it and everybody who owns stocks, land, minerals, collectibles and anything with appreciated value will hate it! Especially the libs in Silicon Valley! Those hypocrite's intention is for somebody else to pay the taxes and somebody else to
lose their jobs. When the gov comes after Zuckerberg, the Google boys, Jack Dorsey, George Soro's unreslized stock gains, the **** will hit the fan!
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Ribeye-Rare
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7:59p, 10/24/21
AG
"Build Back Better" - BS

More like "Tear Down Quicker."

It is very disturbing that a woman who harbors this mindset was previously head of the Federal Reserve. From where do they keep digging up this type of person?
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Fins Up!
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In reply to pfo • 7:59p, 10/24/21
AG
It's what they want. Wake up!

You better worry about it, because it is exactly what will happen. And we will allow it.
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waitwhat?
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8:01p, 10/24/21
Ah. This explains why I've been seeing memes about "the top 10% own 89% of all stocks" lately.
" 'People that read with pictures think that it's simply about a mask' - Dana Loesch" - Ban Cow Gas

"Truth is treason in the empire of lies." - Dr. Ron Paul

Big Tech IS the empire of lies

TEXIT
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ChemEAg08
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8:04p, 10/24/21
AG
Texit….
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PneumAg
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In reply to Not Coach Jimbo • 8:06p, 10/24/21
Not Coach Jimbo said:
Does this mean I can write off unrealized losses?


What do you think?
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Darth Randy
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8:08p, 10/24/21
I legitimately thought I could not feel politically hatred at one point in time in my life but these sum *****es here…..
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jefe95
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8:09p, 10/24/21
AG
Ladies and gentlemen. Your treasury secretary. An economic illiterate.

Are you awake yet?
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Layne Staley
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8:09p, 10/24/21
AG
the Federal Reserve is a Private, for profit corporation. Are they going to have to pay taxes?

psst - so is the CDC, a so called public/private partnership where they take our money, aren't accountable and can get soft dollar arrangements from big pharma for them recommending drugs.
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B-1 83
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8:13p, 10/24/21
AG
This would destroy family farms and ranches.
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GasAg90
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8:16p, 10/24/21
Has anyone asked the question as to why the presidential houseplant is trying to sell a build back better plan when he hasn't finished demolishing America?
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AggiEE
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8:17p, 10/24/21
FJB and FJY
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Mr. Lahey
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8:18p, 10/24/21
AG
Where's all the local tards to defend this?
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Fins Up!
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In reply to B-1 83 • 8:20p, 10/24/21
AG
B-1 83 said:
This would destroy family farms and ranches.


Again, that's the plan.
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B-1 83
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In reply to Mr. Lahey • 8:20p, 10/24/21
AG
Mr. Lahey said:
Where's all the local tards to defend this?
They love it. It's the ultimate income and land redistribution.
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agdaddy04
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8:21p, 10/24/21
AG
Guess this is when we all go on food stamps?
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Tony Franklins Other Shoe
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In reply to B-1 83 • 8:25p, 10/24/21
AG
B-1 83 said:
This would destroy family farms and ranches.
Gonna destroy a lot more than that. Family businesses or curtail to the point they can't or don't want to grow.
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Old Sarge
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In reply to Fins Up! • 8:31p, 10/24/21
AG
The Chicken Ranch said:
They want to destroy the middle class. They don't want you traveling. They don't want you to own a house or property. They don't want you to own more than one vehicle. They don't want you to have food choices. They don't want you to vacation or have disposable income for leisure. They don't want you to have choices for health care or education.

Wake up! It's a war, and they've declared it. The elitist white liberal is your mortal enemy.

Destroy the middle class, and make everyone poor and dependent on the government that is ruled by the totalitarian elites.
Hey there fella, you need to lower your expectations.

/The White House and MSM
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Central Committee
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8:34p, 10/24/21
AG
Unconstitutional IMO.
We may not always get what we want. We may not always get what we need. Just so we don't get what we deserve.
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HollywoodBQ
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8:41p, 10/24/21
AG
Buddy of mine thought he was being smart by moving to New Zealand.

Until they hit him up for tax on his unrealised stock gains.

As he put it to me, he had a dispute with the NZ Tax Office to the tune of about $200k regarding his unrealised stock profit for the previous year.
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Waffledynamics
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8:46p, 10/24/21
AG
How do you tax that which is not realized? As someone else said, can you write off unrealized losses?
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Boo Weekley
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In reply to B-1 83 • 8:47p, 10/24/21
B-1 83 said:
This would destroy family farms and ranches.


Can you think of a bigger white liberal wet dream?
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APHIS AG
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In reply to waitwhat? • 8:49p, 10/24/21
waitwhat? said:
Ah. This explains why I've been seeing memes about "the top 10% own 89% of all stocks" lately.
It is not only stocks but also mutual funds. They are cleverly hiding this fact for a large portion of the middle class owns them.
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jefe95
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In reply to APHIS AG • 8:55p, 10/24/21
AG
It's not just the middle class. Everyone with a 401k owns stocks.
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jefe95
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In reply to Central Committee • 8:57p, 10/24/21
AG
Like the constitution matters anymore.

Arguing it's not income seems like a good strategy though. But the tyrants won't listen.

I would also argue that social security is also unconstitutional but that argument died a twisted fate decades ago.
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Signel
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9:17p, 10/24/21
AG
She says "extremely rich" but what we all know is anyone with $600 in their account and a transaction that involves buying something off an exchange or investment tool.

The leeches can't get enough.
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