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To: Kaslin

Close the Interest Carry Forward Loophole that allows Wall Street and Hedge Funds to avoid paying taxes.

Eventually the Unrealized Capital Gains tax will force homeowners to pay capital gains tax on increases in their home values.


10 posted on 10/27/2021 3:32:11 AM PDT by MattMusson (Sometimes the wind blows too much)
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To: MattMusson
Eventually the Unrealized Capital Gains tax will force homeowners to pay capital gains tax on increases in their home values.

BUT!!!! Good luck if there is a bust in the housing values like 2007-10! My house decreased 30% in value, so would that be a tax deduction?

Same with unrealized investment gains. The "dot-com bust" of 2000-02 had investors crying. Would these IDIOT LEFTists think that neither of these RECENT market corrections could happen again?

The stupidity ... it BURNS!

14 posted on 10/27/2021 3:48:41 AM PDT by SES1066 (Ask not what the LEFT can do for you, rather ask what the LEFT is doing to YOU!)
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To: MattMusson

Eventually the Unrealized Capital Gains tax will force homeowners to pay capital gains tax on increases in their home values.


Didn’t the dems float the idea that homeowners who owned their homes outright should have to pay income tax on the ‘imputed’ rent they’d be paying if they were renting the home?


23 posted on 10/27/2021 5:03:16 AM PDT by hanamizu
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