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Reply to "What’s going on with the two bills?"
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[quote=Anonymous][quote=Anonymous]The wealth tax on billions is just dumb. That will never pass and only reinforce how much Democratic leadership cant get anything done[/quote] It is a tax on unrealized gains, which is absolutely insane. So, it is a tax on wealth earned ON PAPER, but not in reality. So the value of a stock can go up one year - causing a huge tax on the increase, but drop drastically the next year. Will they also get a refund in the event of losses? [/quote]
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