Harris plans to tax unrealized stock gains — but only for people worth $100 million
Posted by Anchor_Aways
Harris plans to tax unrealized stock gains — but only for people worth $100 million
Posted by Anchor_Aways
5 Comments
Still bad policy even if it only affects people worth 9 figures. I don’t even understand how it’s supposed to work, how do you tax something that’s not technically worth anything yet because it hasn’t been sold yet?
Bad bad bad
Help me Sen Chris Coons, you’re my only hope
Sorry for linking to twitter, but Dylan Matthews had a good bit explaining why this is a good idea (beyond revenue needs), how it could be implemented and what pitfalls it might face :
[link](https://x.com/dylanmatt/status/1829529422598394171)
We’re going to see some of the dumbest policy proposals in modern US history of the next 2 months
First they came for the billionaires, and I said something, because hey, I might be a billionaire one day.