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Jacksonville Jaguars Fan Forums Other Stuff Political Talk The proposed Unrealized Capital Gains Tax


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The proposed Unrealized Capital Gains Tax

  • Offline flsprtsgod
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#15
10-27-2021, 04:08 PM

(10-27-2021, 04:01 PM)KingIngram052787 Wrote:
(10-27-2021, 03:42 PM)StroudCrowd1 Wrote: Correct. The math for homeowners is even more frightening.

The only way, at least for stocks, that it could potentially make any sense (and it would still almost make no sense), is if you get tax deduction on the unrealized losses.  

They're also only pushing this on billionaires and I thought I saw recently people who have made at least $100M the last 3 years.  So, for the majority of us it won't matter.  However, I imagine it would have a devastating impact to the markets.

Lol, just wait until they start talking about all those unrealized gains in those IRAs just sitting there waiting to be milked.
(10-27-2021, 02:53 PM)StroudCrowd1 Wrote:
(10-27-2021, 02:41 PM)flsprtsgod Wrote: You do have that liquidity if they take the money daily from the mandatory IRS cash app on your smart device.

How would that work for home values? When the fed prints trillions, home values are artificially raised like they are now.

That's a Feature, not a Bug.
“An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato

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Messages In This Thread
homebiscuit - by homebiscuit - 10-27-2021, 02:13 PM
homebiscuit - by homebiscuit - 10-27-2021, 03:00 PM
RE: The proposed Unrealized Capital Gains Tax - by flsprtsgod - 10-27-2021, 04:08 PM
Copycat - by copycat - 10-27-2021, 08:18 PM
RE: Copycat - by navyjagfan - 10-27-2021, 10:33 PM
RE: Copycat - by captivating - 10-28-2021, 04:16 AM



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