Wealth tax on unrealized gains on its way if Biden gets his way
6 months ago
18
If Biden gets in office and gets his way you can bet you will be paying a wealth tax. What is a wealth tax? A wealth tax is you paying taxes on the unrealized gains of your assets meaning they will tax you on what your house is worth before you even sell it. That would be the same for your rookie card that you bought for a hundred bucks and is now worth $200 even if you didn't sell it they are going to tax you on your unrealized games. Democrat or republican this hurts us all. We need to ensure the Democrats do not get another run in office. The current Administration have proved just how much damage they have done. We gave the Democrats an opportunity to show what they could do and look where we're at.
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