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Yellen proposes a tax on unrealized capital gains. That means you could lose your house

 
Anonymous Coward
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10/26/2021 07:43 AM
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Re: Yellen proposes a tax on unrealized capital gains. That means you could lose your house
A third of us are going to be disenfranchised forever anyway.
mutsugoro_11

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10/26/2021 10:05 AM

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Re: Yellen proposes a tax on unrealized capital gains. That means you could lose your house
Building back Bolshi.


popcorn
Anonymous Coward
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Canada
10/26/2021 10:11 AM
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Re: Yellen proposes a tax on unrealized capital gains. That means you could lose your house
Next up, they should hit every newborn infant with a "Pre-Life Time Income Tax"

They should estimate the amount of income that child could make throughout it's life, and hit it with a "pre-income tax" bill.

Yeah, that's what they should do!!



The Founding Fathers are spinning in their graves.
Anonymous Coward
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10/26/2021 10:12 AM
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Re: Yellen proposes a tax on unrealized capital gains. That means you could lose your house

Unrealized capital gains dont exist.

Gains don't exist until profits are taken after selling.

Yellen is a retarded Marxist tool who looks like Yoda with a bad haircut.
 Quoting: Anonymous Coward 79143555



Yellen is also a chees,en one. lol

Always the enemy!
Anonymous Coward
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10/26/2021 10:17 AM
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Re: Yellen proposes a tax on unrealized capital gains. That means you could lose your house
A certain few exist that believe that everything is theirs and nothing is yours.
That's where this comes from, they're just trying out methodology that they can claim legitimizes the process.
Anonymous Coward
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10/26/2021 10:26 AM
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Re: Yellen proposes a tax on unrealized capital gains. That means you could lose your house
U.S. Treasury Secretary Yellen proposes a tax on unrealized capital gains to finance Biden's "Build Back Better" plans

An "unrealized gain" is when something you own gains value, but you don't sell it, like your house or your retirement fund. So when there's inflation and it goes up in value, you'll probably have to sell it to pay the taxes.


Oops, someone's posted about it. Didn't show up because my headline was Yellen not Biden. Sorry
 Quoting: Tess.


Yellenstein

Every. Single. Time.
Anonymous Coward
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10/26/2021 10:35 AM
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Re: Yellen proposes a tax on unrealized capital gains. That means you could lose your house
Powell going to boom inflation (decreasing value of the dollar), while yellen taxes you on the inflation gains of your assets.

If you feel like your being caught in the crunch (your going to lose your assets due to taxation), thats because the democrats are at war with the us people.
Tree of Life

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10/26/2021 10:59 AM
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Re: Yellen proposes a tax on unrealized capital gains. That means you could lose your house
Next up, they should hit every newborn infant with a "Pre-Life Time Income Tax"

They should estimate the amount of income that child could make throughout it's life, and hit it with a "pre-income tax" bill.

Yeah, that's what they should do!!



The Founding Fathers are spinning in their graves.
 Quoting: Anonymous Coward 26669668


We The People must counter Congress... the Fed on this...

After all, since we know eventually, D.C. will corrupt every elected official and Deep State Gvt. employee ever sent there, We The People need some pre-crime firing squads.

It's the RIGHT thing to do!!!
"All you may know of heaven or hell is within your own self." - Edgar Cayce
936432979

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10/26/2021 12:23 PM
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Re: Yellen proposes a tax on unrealized capital gains. That means you could lose your house
I hope the billionaires will be able to stop this thing; they have more clout than the rest of us. For now it’s just a proposal and hopefully it won’t go any further.





GLP