Capital Gains Tax Changes in the Reconciliation Bill

American Thinker.com ^ | October 6, 2021 | Jon N. Hall

[Alberta's Child]

LOL. Thanks!

[rolling_stone]

its not ludicrous, the tax code is used not only to raise money and steal it from those who earn it, it is designed as a tool of social engineering...

the stepped up value has a purpose and the libs/commies are trying to change social engineering that benefits family units and long term investment and stability..instead they want people to have to depend on the government and limit their chances and incentives for independence and self productivity. why work hard, save and invest if you cant pass your already taxed income without penalties?

inflation accounts for much of capital gains and is nothing more than the government stealing from the people.

the government should be penalized for creating inflation not benefit from it. inflation is a hidden tax on the people and it is created and controlled by the government.

as thomas jefferson said:
I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs

[EastTexasTraveler]

Under communism everything belongs to the government. You are supposed to be thankful for anything they let you keep. The Demonrats are Communists, so it makes perfect sense.