Did I say mandatory? I meant optional! You’re “free” to die in a cardboard box under a freeway as a market capitalist scarecrow warning to the other ants so they keep showing up to make us more!

  • @[email protected]
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    117 hours ago

    TBH I’m not even considered middle class where I live but I have Unrealized Gains in the form of $VYM and Bitcoin.

    I think we should tax loans where stocks are used as Collateral, or set a high bar for Unrealized Gains Tax.

    • @[email protected]
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      7 hours ago

      The bar being talked about right now is a net worth of 100million usd, do you have a net worth of 100million? If not your bitcoin is safe.

      • @[email protected]
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        86 hours ago

        Maybe some current proposed legislature has set that bar, but this picture of a tweet does not talk about that.

        • @[email protected]
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          5 hours ago

          That picture is referencing Kamala’s proposed tax policy where she wants to tax unrealized capital gains on individuals worth 100mill exclusively

          • @[email protected]
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            5 hours ago

            The tweet does not say Kamala, it does not mention “The President’s Budget” that was announced by Biden early this year, it just says that unrealized gains are not being taxed.

            There is of course the implication of modern policy but I think it is healthy to include nuance and context as I have.

            • @[email protected]
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              5 hours ago

              It’s almost like things can exist in a cultural context without explicitly defined connections.

              Just say “oh, I didn’t realize” instead of digging your heels in.

              • @[email protected]
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                -35 hours ago

                Whats your problem, mate? Why is context and discussion banned in your world?

                You’ll only help the liars and fiends by painting Kamala’s policy as anything other than what it is.

        • @[email protected]
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          36 hours ago

          That has been the baseline since the beginning. If you aren’t worth 100million there is no reason you shouldn’t support this.

          • @[email protected]
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            25 hours ago

            There is no beginning, Unrealized Gains taxes were enforced from the founding of this nation until the late 1960s when general properties taxes in the states shifted to no longer include intangible assets, and have been a hot topic the entire time.

            If you’re referring to the President’s Budget plan announced bt Biden early this spring then thats fine. But they didn’t mention it.

          • Maeve
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            15 hours ago

            There’s no reason to support it if you are worth that much.