Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Bill proposed to crack down on backdoor roth (and other loopholes) "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]Biden was just live talking about how he supports taxing unrealized gains. I guess this is their whole plan laid out. Eliminate tax advantaged accounts and then tax any unrealized earnings so there is nowhere left to accrue wealth.[/quote] It would only be taxing the unrealized gains of billionaires. Biden threw his support for it and Wyden has been working on it for a few years. But who knows if such a "wealth tax" would even be constitutional. It's a concept I support in theory, but the practicalities seem sort of crazy: https://www.wsj.com/articles/biden-expresses-support-forannual-tax-on-billionaires-unrealized-gains-11632498487[/quote] I don't support billionaires, but this is dumb. Tax them for their realized gains all you want. But until you realize the gains, it's not income. If the unrealized gains suddenly evaporate in a market crash, do you get a refund on the tax? [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
