"Selling Frenzy": You Don't Need Unrealized Gains Tax, Just Lifting Capital Gains Tax Will Unleash Hell

Source: https://www.zerohedge.com/economics/selling-frenzy-you-dont-need-unrealized-gains-tax-just-lifting-capital-gains-tax-will
Published: Sep 5, 2024
Author: Tyler Durden
Post Date: 2024-09-05 10:49:41 by Horse
Views: 748

Kamala Harris has called for a 28% capital gains tax rate on people earning $1 million or more...

Poster Comment:

If she wins, you would have to a fool to wait to sell stocks until after she passes her tax increase.

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#1: Horse    To: All (#0)

https://www.zerohedge.com/political/volkswagens-choice-fire-union-workers-and-cut-costs-or-go-bankrupt

Volkswagen's Choice: Fire Union Workers And Cut Costs, Or Go Bankrupt

Government setting outrageous goals, then telling business how they must deliver them never works very well...

Horse posted on 2024-09-05 10:51:25   Reply   Private Reply

#2: Esso    To: Horse, 4um (#0)

Kamala Harris has called for a 28% capital gains tax rate on people earning $1 million or more...

Bullshit. It will be on everybody. Not to mention her hare-brained unrealized capital gains tax on houses, etc. She'll have everybody in the fuckin' country homeless.

If she wins, you would have to [be] a fool to wait to sell stocks until after she passes her tax increase.

I don't know what the long-term capital gains tax rate is now, but I suspect Kameltoe is adding 28% to the existing rate. I can't afford the capital gains tax now.

I don't know about that shit, that's why I buy my tax-babe Christa flowers and gifts all year. I was lucky to find her back in 2019 when TurboTax fucked me over. I can't live without her. Kimmy's lucky Christa is happily married.

Esso posted on 2024-09-05 12:20:57   Reply   Private Reply

#3: Dakmar    To: Esso (#2)

She'll have everybody in the fuckin' country homeless.

Nope, just citizens.

Dakmar posted on 2024-09-05 12:23:06   Reply   Private Reply

#4: Esso    To: Dakmar (#3)

Nope, just citizens.

I stand corrected. I'm a provincial man, I still think that the people who live here should be citizens.

Esso posted on 2024-09-05 12:40:07   Reply   Private Reply

#5: Esso    To: Horse (#0)

Views: 235

The goob's lookin' at you.

(Edit) What a great song. I intended to post the "Here's looking at you kid" quote from Casablanca.

Esso posted on 2024-09-05 12:42:33   Reply   Private Reply

#6: titorite    To: Horse (#0)

Will She and Waltz be the tune 'Merica, sings and dances to for the next four years? I doubt it. That said, I cant wait to see act two of Captain WarpSpeed. and what the next ten years bring.

titorite posted on 2024-09-05 14:45:20   Reply   Private Reply