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'This Is Insanity': Democrats Discuss New Plan to Help Pay for Massive Spending Bill - An annual tax on unrealized capital gains on liquid assets for the very rich.
Townhall ^
| 10/25/2021
| Leah Barkoukis
Posted on 10/25/2021 7:11:58 AM PDT by SeekAndFind
click here to read article
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To: SeekAndFind
IOW, However much MONEY you have, GIVE US WHATEVER WE ASK...............OR ELSE..........
2
posted on
10/25/2021 7:13:14 AM PDT
by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
To: SeekAndFind
Yes, this is insanity, it will never happen.
3
posted on
10/25/2021 7:14:43 AM PDT
by
1Old Pro
(Let's make crime illegal again!)
To: SeekAndFind
outkicking their coverage every single day
4
posted on
10/25/2021 7:15:49 AM PDT
by
Theophilus
(Coercion Is Not Consent)
To: Red Badger
There is zero difference when they raise the assessment on your house. They are taxing you on an unrealized capital gain that may or may not materialize
5
posted on
10/25/2021 7:16:04 AM PDT
by
Ouderkirk
(The democRATS are not looking to govern, they intend to RULE.)
To: SeekAndFind
Take out the for the rich and you will know what they are talking about. They will tax the value of your home.
6
posted on
10/25/2021 7:16:44 AM PDT
by
webheart
(I thought I was helping by getting vaccinated but they say I didn’t help at all. )
To: SeekAndFind
To: SeekAndFind
It's only the VERY wealthy tho......
8
posted on
10/25/2021 7:18:10 AM PDT
by
KC_Lion
To: 1Old Pro
Taxing billionaires is like herding cats.
It does not sound crazy until you actually try to do it!
9
posted on
10/25/2021 7:18:20 AM PDT
by
cgbg
(A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
To: SeekAndFind
So stupid “Americans” will think they are just going after the rich, so they will applaud this. The GOOP will once again look like they only care about the rich, which is not completely false.
10
posted on
10/25/2021 7:18:37 AM PDT
by
PghBaldy
(12/14 - 930am -rampage begins... 12/15 - 1030am - Obama's advance team scouts photo-op locations.)
To: SeekAndFind
11
posted on
10/25/2021 7:18:39 AM PDT
by
GOP Poet
(Super cool you can change your tag line EVERYTIME you post!! :D. (Small things make me happy))
To: SeekAndFind
Like I said countless times, it absolutely baffles me to no end why anyone with any kind of money would support the Rats.
12
posted on
10/25/2021 7:19:33 AM PDT
by
GrandJediMasterYoda
(As long as Hillary Clinton remains free equal justice under the law will never exist in the USA)
To: 1Old Pro
this is insanity, it will never happenSo are gay "marriage", megaprotection of "wetlands", Russian collusion hysteria, transgenderism, Trump impeachment(s), vaccine mandates, intersectionality, presidential election fraud, CO2phobia, the list goes on.
13
posted on
10/25/2021 7:20:02 AM PDT
by
Jeff Chandler
(THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
To: 1Old Pro
it will never happen.#1 on the list of "famous last words".
14
posted on
10/25/2021 7:20:29 AM PDT
by
Wissa
(The Gods of the Copybook Headings shall return.)
To: SeekAndFind
Why not just tax dreams and aspirations?
15
posted on
10/25/2021 7:20:54 AM PDT
by
The_Media_never_lie
(If the votes are a lie, they must de cert i fy!)
To: SeekAndFind
“it would raise its money from the very, very rich—likely fewer than 1,000 taxpayers...”
The income tax also started with only the very rich. Until WWII most did not pay a cent (and there was no withholding. But we all se how that worked out.
And, although not mentioned, it would now give the IRS the power to know what your liquid assets are. You know, stuff like art, property, etc. They’ll need a lot more IRS agents for that. Oh wait...
16
posted on
10/25/2021 7:21:26 AM PDT
by
hanamizu
To: 1Old Pro
Yes, this is insanity, it will never happen. Just like Obamacare was insanity, and never happened...
Some "scaled back" variant of an unrealized capital gains tax will eventually pass - it's too dear to progressive hearts.
17
posted on
10/25/2021 7:22:17 AM PDT
by
Mr. Jeeves
([CTRL]-[GALT]-[DELETE])
To: SeekAndFind
"unrealized capital gains"
I guess next will come arrests for "pre-crime"
18
posted on
10/25/2021 7:22:26 AM PDT
by
GrandJediMasterYoda
(As long as Hillary Clinton remains free equal justice under the law will never exist in the USA)
To: GrandJediMasterYoda
The wealthy hate competition, and the Democrats make it very difficult for “the great unwashed” in the private sector to create new wealth.
The wealthy can hire tax attorneys to easily evade any taxing scheme—in many cases those same attorneys will be drafting the legislation!
It is a great scam.
19
posted on
10/25/2021 7:23:01 AM PDT
by
cgbg
(A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
Please Support FR
Click The Pic To Donate.
20
posted on
10/25/2021 7:24:00 AM PDT
by
DJ MacWoW
(The Fed Gov is not one ring to rule them all)
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