Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She supports a tax on unrealized capital gains.

Americans Overwhelmingly Reject Harris-Biden Unrealized Capital Gains Wealth Tax |

The 2025 Biden budget proposes to tax long-term capital gains and qualified dividends at ordinary income tax rates for taxable income above $1 million and tax unrealized capital gains at death above a $5 million exemption ($10 million for joint filers). If this tax proposal went through, investors would flee the stock market and potentially create a stock market crash effecting even pensions of middle class Americans.

Whoa— not good for most investors. This is why the Democratic Party has been dubbed “tax and spend” . No thank you!

Exactly what percent of the American public do you believe has an over 1 million dollar income or estates over 10M for married couples?

It doesn't matter. Even if ONE person is impacted it is a very bad idea.

Once the government starts taxing people on money they have not received we are going down a dark road. It may be only a few people now, but what will stop these progressive leaders from lowering the bar. When they need more money to fund their progressive projects, it will be lowered to those making $400,000.
It is a ludicrous idea and one that sane people should reject.

So you think the current tax structure with all off the changes from the 1980s works better from the average person than it used to?

What a red herring.
We are talking about the insane ideal of taxing unrealized gains. This has nothing to do with other changes to tax codes.

Why should any of us care about people who make 1 mil or have 10 mil in assets? We should be trying to reduce income inequality and pay for our government rather than crying about the wealthy. Can you explain why anyone (who has a normal income) should care about this?

I have over $10M and I care. I created a successful IT business with my own and borrowed funds that now employs over 163 people. My skilled employees enjoy excellent salaries, healthcare benefits that my company pays over half the premiums for, 401K matching so they can eventually retire with a good next egg, business class travel, and other benefits. My company provides a service that is in demand. I took the risk....I should reap the reward.

We sound similar. Except we employ more people, and have net worth quite a bit north of $10M. We came here as poor immigrants, and have worked our tail off and utilized the resources offered by the country to get to where we are. Happy to pay back, once we get to $100M. We can't use up $100M in our lifetime.

I, too, would love to wait to pay taxes until I reach 100m net worth. Who wouldn’t? Unfortunately this is called greed. You can delude yourself however you want but the rest of us don’t have to indulge you.

Congratulations on your success, no doubt facilitated by a government and a middle class that supports you. Now you get to pay back! Not on your personal timetable.

I think you misunderstood. We're obviously fine with the tax structure, and have been paying in. We're fine with the ADDITIONAL taxes once we get to $100M. I think the Republicans have done a great job of selling the idea to the masses that the tax structure that places more tax burden on the extraordinarily wealthy is somehow unfair, because it could be them some day.

Anonymous wrote:
Oh, well if your "lifestyle costs have increased," then of course you need more money. Was it the fourth vacation home or the golden toilets?

Things are so expensive these days. I'm sure the regular American understands.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She supports a tax on unrealized capital gains.

Americans Overwhelmingly Reject Harris-Biden Unrealized Capital Gains Wealth Tax |

The 2025 Biden budget proposes to tax long-term capital gains and qualified dividends at ordinary income tax rates for taxable income above $1 million and tax unrealized capital gains at death above a $5 million exemption ($10 million for joint filers). If this tax proposal went through, investors would flee the stock market and potentially create a stock market crash effecting even pensions of middle class Americans.

Whoa— not good for most investors. This is why the Democratic Party has been dubbed “tax and spend” . No thank you!

Exactly what percent of the American public do you believe has an over 1 million dollar income or estates over 10M for married couples?

It doesn't matter. Even if ONE person is impacted it is a very bad idea.

Once the government starts taxing people on money they have not received we are going down a dark road. It may be only a few people now, but what will stop these progressive leaders from lowering the bar. When they need more money to fund their progressive projects, it will be lowered to those making $400,000.
It is a ludicrous idea and one that sane people should reject.

So you think the current tax structure with all off the changes from the 1980s works better from the average person than it used to?

What a red herring.
We are talking about the insane ideal of taxing unrealized gains. This has nothing to do with other changes to tax codes.

Why should any of us care about people who make 1 mil or have 10 mil in assets? We should be trying to reduce income inequality and pay for our government rather than crying about the wealthy. Can you explain why anyone (who has a normal income) should care about this?

I have over $10M and I care. I created a successful IT business with my own and borrowed funds that now employs over 163 people. My skilled employees enjoy excellent salaries, healthcare benefits that my company pays over half the premiums for, 401K matching so they can eventually retire with a good next egg, business class travel, and other benefits. My company provides a service that is in demand. I took the risk....I should reap the reward.

We sound similar. Except we employ more people, and have net worth quite a bit north of $10M. We came here as poor immigrants, and have worked our tail off and utilized the resources offered by the country to get to where we are. Happy to pay back, once we get to $100M. We can't use up $100M in our lifetime.

I, too, would love to wait to pay taxes until I reach 100m net worth. Who wouldn’t? Unfortunately this is called greed. You can delude yourself however you want but the rest of us don’t have to indulge you.

Congratulations on your success, no doubt facilitated by a government and a middle class that supports you. Now you get to pay back! Not on your personal timetable.

I think you misunderstood. We're obviously fine with the tax structure, and have been paying in. We're fine with the ADDITIONAL taxes once we get to $100M. I think the Republicans have done a great job of selling the idea to the masses that the tax structure that places more tax burden on the extraordinarily wealthy is somehow unfair, because it could be them some day.

100 percent this.

Success should be rewarded, absolutely. We live in a capitalist country. But our government invests in things like infrastructure so telecommunications and transportation can happen. Businesses benefit disproportionately from those investments. Government educates the workforce so employers can hire people with a baseline of skills and knowledge. Government funds a state department so businesses can conduct commerce in other countries. Government develops standards so the physical plug for your EV will work in every car, for example. Businesses should be paying their fair share for the opportunities that government standardizes and wealthy individuals should be paying their fair share for the opportunities the USA has afforded them to become successful. That isn't authoritarian.

The problem with posts like this is that they treat businesses like people. Businesses don't pay taxes. Their employees and customers do.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She supports a tax on unrealized capital gains.

Americans Overwhelmingly Reject Harris-Biden Unrealized Capital Gains Wealth Tax |

The 2025 Biden budget proposes to tax long-term capital gains and qualified dividends at ordinary income tax rates for taxable income above $1 million and tax unrealized capital gains at death above a $5 million exemption ($10 million for joint filers). If this tax proposal went through, investors would flee the stock market and potentially create a stock market crash effecting even pensions of middle class Americans.

Whoa— not good for most investors. This is why the Democratic Party has been dubbed “tax and spend” . No thank you!

Exactly what percent of the American public do you believe has an over 1 million dollar income or estates over 10M for married couples?

It doesn't matter. Even if ONE person is impacted it is a very bad idea.

Once the government starts taxing people on money they have not received we are going down a dark road. It may be only a few people now, but what will stop these progressive leaders from lowering the bar. When they need more money to fund their progressive projects, it will be lowered to those making $400,000.
It is a ludicrous idea and one that sane people should reject.

So you think the current tax structure with all off the changes from the 1980s works better from the average person than it used to?

What a red herring.
We are talking about the insane ideal of taxing unrealized gains. This has nothing to do with other changes to tax codes.

Why should any of us care about people who make 1 mil or have 10 mil in assets? We should be trying to reduce income inequality and pay for our government rather than crying about the wealthy. Can you explain why anyone (who has a normal income) should care about this?

I have over $10M and I care. I created a successful IT business with my own and borrowed funds that now employs over 163 people. My skilled employees enjoy excellent salaries, healthcare benefits that my company pays over half the premiums for, 401K matching so they can eventually retire with a good next egg, business class travel, and other benefits. My company provides a service that is in demand. I took the risk....I should reap the reward.

We sound similar. Except we employ more people, and have net worth quite a bit north of $10M. We came here as poor immigrants, and have worked our tail off and utilized the resources offered by the country to get to where we are. Happy to pay back, once we get to $100M. We can't use up $100M in our lifetime.

I, too, would love to wait to pay taxes until I reach 100m net worth. Who wouldn’t? Unfortunately this is called greed. You can delude yourself however you want but the rest of us don’t have to indulge you.

Congratulations on your success, no doubt facilitated by a government and a middle class that supports you. Now you get to pay back! Not on your personal timetable.

I think you misunderstood. We're obviously fine with the tax structure, and have been paying in. We're fine with the ADDITIONAL taxes once we get to $100M. I think the Republicans have done a great job of selling the idea to the masses that the tax structure that places more tax burden on the extraordinarily wealthy is somehow unfair, because it could be them some day.

100 percent this.

Success should be rewarded, absolutely. We live in a capitalist country. But our government invests in things like infrastructure so telecommunications and transportation can happen. Businesses benefit disproportionately from those investments. Government educates the workforce so employers can hire people with a baseline of skills and knowledge. Government funds a state department so businesses can conduct commerce in other countries. Government develops standards so the physical plug for your EV will work in every car, for example. Businesses should be paying their fair share for the opportunities that government standardizes and wealthy individuals should be paying their fair share for the opportunities the USA has afforded them to become successful. That isn't authoritarian.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She supports a tax on unrealized capital gains.

Americans Overwhelmingly Reject Harris-Biden Unrealized Capital Gains Wealth Tax |

The 2025 Biden budget proposes to tax long-term capital gains and qualified dividends at ordinary income tax rates for taxable income above $1 million and tax unrealized capital gains at death above a $5 million exemption ($10 million for joint filers). If this tax proposal went through, investors would flee the stock market and potentially create a stock market crash effecting even pensions of middle class Americans.

Whoa— not good for most investors. This is why the Democratic Party has been dubbed “tax and spend” . No thank you!

Exactly what percent of the American public do you believe has an over 1 million dollar income or estates over 10M for married couples?

Then you shouldn't do your own taxes. You clearly did them incorrectly.


It doesn't matter. Even if ONE person is impacted it is a very bad idea.

Once the government starts taxing people on money they have not received we are going down a dark road. It may be only a few people now, but what will stop these progressive leaders from lowering the bar. When they need more money to fund their progressive projects, it will be lowered to those making $400,000.
It is a ludicrous idea and one that sane people should reject.

So you think the current tax structure with all off the changes from the 1980s works better from the average person than it used to?

What a red herring.
We are talking about the insane ideal of taxing unrealized gains. This has nothing to do with other changes to tax codes.

Why should any of us care about people who make 1 mil or have 10 mil in assets? We should be trying to reduce income inequality and pay for our government rather than crying about the wealthy. Can you explain why anyone (who has a normal income) should care about this?

Why should any of us care about people who make 1 mil or have 10 mil in assets? We should be trying to reduce income inequality and pay for our government rather than crying about the wealthy. Can you explain why anyone (who has a normal income) should care about this?

Jeez....this is why liberals should not be in charge of our government. Socialism is not the way. Big government is not the way. If you don't like your income, choose a career that pays more. Lord help us.[b]

Let's be honest for a change. Trickle down never worked. It just made the rich richer and eviscerated the middle class. The massive tax cuts for billionaires and corporations is just welfare for the rich and has even created the deficit as we know it.

Another ignorant liberal who clearly doesn't do their own taxes or understand capitalism. [b]The Trump tax cuts lowered taxes for most Americans even with the $10K SALT deduction cap. Corporations don't pay taxes. They may write the checks to the IRS but you the consumer pay their taxes for them in the cost of the goods and services that you choose to buy freely. Increasing corporate taxes will be passed right along to you further exacerbating inflation. If you don't like your income, change your career to one that pays more and/or is in demand. Hate billionaires all you want but most of them have become billionaires as entrepreneurs creating businesses that employ thousands of taxpaying Americans and provide products and services people choose to buy. We need more risk-taking entrepreneurs, they deserve the benefits if they are successful because most fail.

Bolded is a flat out lie. Maybe it lowered your taxes, and the taxes of the 1% but certainly not "most Americans"

Nope. The Trump tax cuts lowered taxes for most Americans. You clearly don't do your own taxes. Stop parroting the liberal media and actually do some research. I would start with irs.gov and look at past tax brackets compared to current ones for various AGIs.

I do my own taxes and my taxes went up with the Trump tax cuts.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She supports a tax on unrealized capital gains.

Americans Overwhelmingly Reject Harris-Biden Unrealized Capital Gains Wealth Tax |

The 2025 Biden budget proposes to tax long-term capital gains and qualified dividends at ordinary income tax rates for taxable income above $1 million and tax unrealized capital gains at death above a $5 million exemption ($10 million for joint filers). If this tax proposal went through, investors would flee the stock market and potentially create a stock market crash effecting even pensions of middle class Americans.

Whoa— not good for most investors. This is why the Democratic Party has been dubbed “tax and spend” . No thank you!

Exactly what percent of the American public do you believe has an over 1 million dollar income or estates over 10M for married couples?

It doesn't matter. Even if ONE person is impacted it is a very bad idea.

Once the government starts taxing people on money they have not received we are going down a dark road. It may be only a few people now, but what will stop these progressive leaders from lowering the bar. When they need more money to fund their progressive projects, it will be lowered to those making $400,000.
It is a ludicrous idea and one that sane people should reject.

So you think the current tax structure with all off the changes from the 1980s works better from the average person than it used to?

What a red herring.
We are talking about the insane ideal of taxing unrealized gains. This has nothing to do with other changes to tax codes.

Why should any of us care about people who make 1 mil or have 10 mil in assets? We should be trying to reduce income inequality and pay for our government rather than crying about the wealthy. Can you explain why anyone (who has a normal income) should care about this?

I have over $10M and I care. I created a successful IT business with my own and borrowed funds that now employs over 163 people. My skilled employees enjoy excellent salaries, healthcare benefits that my company pays over half the premiums for, 401K matching so they can eventually retire with a good next egg, business class travel, and other benefits. My company provides a service that is in demand. I took the risk....I should reap the reward.

We sound similar. Except we employ more people, and have net worth quite a bit north of $10M. We came here as poor immigrants, and have worked our tail off and utilized the resources offered by the country to get to where we are. Happy to pay back, once we get to $100M. We can't use up $100M in our lifetime.

I, too, would love to wait to pay taxes until I reach 100m net worth. Who wouldn’t? Unfortunately this is called greed. You can delude yourself however you want but the rest of us don’t have to indulge you.

Congratulations on your success, no doubt facilitated by a government and a middle class that supports you. Now you get to pay back! Not on your personal timetable.

I think you misunderstood. We're obviously fine with the tax structure, and have been paying in. We're fine with the ADDITIONAL taxes once we get to $100M. I think the Republicans have done a great job of selling the idea to the masses that the tax structure that places more tax burden on the extraordinarily wealthy is somehow unfair, because it could be them some day.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She supports a tax on unrealized capital gains.

Americans Overwhelmingly Reject Harris-Biden Unrealized Capital Gains Wealth Tax |

The 2025 Biden budget proposes to tax long-term capital gains and qualified dividends at ordinary income tax rates for taxable income above $1 million and tax unrealized capital gains at death above a $5 million exemption ($10 million for joint filers). If this tax proposal went through, investors would flee the stock market and potentially create a stock market crash effecting even pensions of middle class Americans.

Whoa— not good for most investors. This is why the Democratic Party has been dubbed “tax and spend” . No thank you!

Exactly what percent of the American public do you believe has an over 1 million dollar income or estates over 10M for married couples?

It doesn't matter. Even if ONE person is impacted it is a very bad idea.

Once the government starts taxing people on money they have not received we are going down a dark road. It may be only a few people now, but what will stop these progressive leaders from lowering the bar. When they need more money to fund their progressive projects, it will be lowered to those making $400,000.
It is a ludicrous idea and one that sane people should reject.

So you think the current tax structure with all off the changes from the 1980s works better from the average person than it used to?

What a red herring.
We are talking about the insane ideal of taxing unrealized gains. This has nothing to do with other changes to tax codes.

Why should any of us care about people who make 1 mil or have 10 mil in assets? We should be trying to reduce income inequality and pay for our government rather than crying about the wealthy. Can you explain why anyone (who has a normal income) should care about this?

I have over $10M and I care. I created a successful IT business with my own and borrowed funds that now employs over 163 people. My skilled employees enjoy excellent salaries, healthcare benefits that my company pays over half the premiums for, 401K matching so they can eventually retire with a good next egg, business class travel, and other benefits. My company provides a service that is in demand. I took the risk....I should reap the reward.

We sound similar. Except we employ more people, and have net worth quite a bit north of $10M. We came here as poor immigrants, and have worked our tail off and utilized the resources offered by the country to get to where we are. Happy to pay back, once we get to $100M. We can't use up $100M in our lifetime.

Sure you can.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She supports a tax on unrealized capital gains.

Americans Overwhelmingly Reject Harris-Biden Unrealized Capital Gains Wealth Tax |

The 2025 Biden budget proposes to tax long-term capital gains and qualified dividends at ordinary income tax rates for taxable income above $1 million and tax unrealized capital gains at death above a $5 million exemption ($10 million for joint filers). If this tax proposal went through, investors would flee the stock market and potentially create a stock market crash effecting even pensions of middle class Americans.

Whoa— not good for most investors. This is why the Democratic Party has been dubbed “tax and spend” . No thank you!

Exactly what percent of the American public do you believe has an over 1 million dollar income or estates over 10M for married couples?

It doesn't matter. Even if ONE person is impacted it is a very bad idea.

Once the government starts taxing people on money they have not received we are going down a dark road. It may be only a few people now, but what will stop these progressive leaders from lowering the bar. When they need more money to fund their progressive projects, it will be lowered to those making $400,000.
It is a ludicrous idea and one that sane people should reject.

So you think the current tax structure with all off the changes from the 1980s works better from the average person than it used to?

What a red herring.
We are talking about the insane ideal of taxing unrealized gains. This has nothing to do with other changes to tax codes.

Why should any of us care about people who make 1 mil or have 10 mil in assets? We should be trying to reduce income inequality and pay for our government rather than crying about the wealthy. Can you explain why anyone (who has a normal income) should care about this?

Why should any of us care about people who make 1 mil or have 10 mil in assets? We should be trying to reduce income inequality and pay for our government rather than crying about the wealthy. Can you explain why anyone (who has a normal income) should care about this?

Jeez....this is why liberals should not be in charge of our government. Socialism is not the way. Big government is not the way. If you don't like your income, choose a career that pays more. Lord help us.[b]

Let's be honest for a change. Trickle down never worked. It just made the rich richer and eviscerated the middle class. The massive tax cuts for billionaires and corporations is just welfare for the rich and has even created the deficit as we know it.

Another ignorant liberal who clearly doesn't do their own taxes or understand capitalism. [b]The Trump tax cuts lowered taxes for most Americans even with the $10K SALT deduction cap. Corporations don't pay taxes. They may write the checks to the IRS but you the consumer pay their taxes for them in the cost of the goods and services that you choose to buy freely. Increasing corporate taxes will be passed right along to you further exacerbating inflation. If you don't like your income, change your career to one that pays more and/or is in demand. Hate billionaires all you want but most of them have become billionaires as entrepreneurs creating businesses that employ thousands of taxpaying Americans and provide products and services people choose to buy. We need more risk-taking entrepreneurs, they deserve the benefits if they are successful because most fail.

Bolded is a flat out lie. Maybe it lowered your taxes, and the taxes of the 1% but certainly not "most Americans"

Nope. The Trump tax cuts lowered taxes for most Americans. You clearly don't do your own taxes. Stop parroting the liberal media and actually do some research. I would start with irs.gov and look at past tax brackets compared to current ones for various AGIs.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She supports a tax on unrealized capital gains.

Americans Overwhelmingly Reject Harris-Biden Unrealized Capital Gains Wealth Tax |

The 2025 Biden budget proposes to tax long-term capital gains and qualified dividends at ordinary income tax rates for taxable income above $1 million and tax unrealized capital gains at death above a $5 million exemption ($10 million for joint filers). If this tax proposal went through, investors would flee the stock market and potentially create a stock market crash effecting even pensions of middle class Americans.

Whoa— not good for most investors. This is why the Democratic Party has been dubbed “tax and spend” . No thank you!

Exactly what percent of the American public do you believe has an over 1 million dollar income or estates over 10M for married couples?

It doesn't matter. Even if ONE person is impacted it is a very bad idea.

Once the government starts taxing people on money they have not received we are going down a dark road. It may be only a few people now, but what will stop these progressive leaders from lowering the bar. When they need more money to fund their progressive projects, it will be lowered to those making $400,000.
It is a ludicrous idea and one that sane people should reject.

So you think the current tax structure with all off the changes from the 1980s works better from the average person than it used to?

What a red herring.
We are talking about the insane ideal of taxing unrealized gains. This has nothing to do with other changes to tax codes.

Why should any of us care about people who make 1 mil or have 10 mil in assets? We should be trying to reduce income inequality and pay for our government rather than crying about the wealthy. Can you explain why anyone (who has a normal income) should care about this?

I have over $10M and I care. I created a successful IT business with my own and borrowed funds that now employs over 163 people. My skilled employees enjoy excellent salaries, healthcare benefits that my company pays over half the premiums for, 401K matching so they can eventually retire with a good next egg, business class travel, and other benefits. My company provides a service that is in demand. I took the risk....I should reap the reward.

You will reap the reward. How much is enough? 30 million? 100 million 500 million? How much do you need or can you spend in a lifetime? And no one is sayig your take away is capped at $10 million. It is just that over that amount, you will pay a tax on it. Guess what, you can put some of the monies into trusts for your kids to lower your estate. There are all sorts of gimmicks the rich have to shield money. Is this really the thing you want to cry about? Or I suppose living in an authoritarian state where someone like Trump can simply confiscate your company, your money etc without raising an eyebrow. take a look at how other authoritarians operate. Is that what you want here?

Actually, if you have been paying attention, which you clearly have not, the Democrats want us living in an authoritarian state. They want to control out speech, suppress free expression, and turn this great country into a failed socialist "utopia".

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She supports a tax on unrealized capital gains.

Americans Overwhelmingly Reject Harris-Biden Unrealized Capital Gains Wealth Tax |

The 2025 Biden budget proposes to tax long-term capital gains and qualified dividends at ordinary income tax rates for taxable income above $1 million and tax unrealized capital gains at death above a $5 million exemption ($10 million for joint filers). If this tax proposal went through, investors would flee the stock market and potentially create a stock market crash effecting even pensions of middle class Americans.

Whoa— not good for most investors. This is why the Democratic Party has been dubbed “tax and spend” . No thank you!

Exactly what percent of the American public do you believe has an over 1 million dollar income or estates over 10M for married couples?

It doesn't matter. Even if ONE person is impacted it is a very bad idea.

Once the government starts taxing people on money they have not received we are going down a dark road. It may be only a few people now, but what will stop these progressive leaders from lowering the bar. When they need more money to fund their progressive projects, it will be lowered to those making $400,000.
It is a ludicrous idea and one that sane people should reject.

So you think the current tax structure with all off the changes from the 1980s works better from the average person than it used to?

What a red herring.
We are talking about the insane ideal of taxing unrealized gains. This has nothing to do with other changes to tax codes.

Why should any of us care about people who make 1 mil or have 10 mil in assets? We should be trying to reduce income inequality and pay for our government rather than crying about the wealthy. Can you explain why anyone (who has a normal income) should care about this?

I have over $10M and I care. I created a successful IT business with my own and borrowed funds that now employs over 163 people. My skilled employees enjoy excellent salaries, healthcare benefits that my company pays over half the premiums for, 401K matching so they can eventually retire with a good next egg, business class travel, and other benefits. My company provides a service that is in demand. I took the risk....I should reap the reward.

We sound similar. Except we employ more people, and have net worth quite a bit north of $10M. We came here as poor immigrants, and have worked our tail off and utilized the resources offered by the country to get to where we are. Happy to pay back, once we get to $100M. We can't use up $100M in our lifetime.

I, too, would love to wait to pay taxes until I reach 100m net worth. Who wouldn’t? Unfortunately this is called greed. You can delude yourself however you want but the rest of us don’t have to indulge you.

Congratulations on your success, no doubt facilitated by a government and a middle class that supports you. Now you get to pay back! Not on your personal timetable.

Anonymous wrote:

Anonymous wrote:Former deputy chair of the Minnesota GOP

Endorsing the Harris/Walz ticket? For real?

Damn.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She supports a tax on unrealized capital gains.

Americans Overwhelmingly Reject Harris-Biden Unrealized Capital Gains Wealth Tax |

The 2025 Biden budget proposes to tax long-term capital gains and qualified dividends at ordinary income tax rates for taxable income above $1 million and tax unrealized capital gains at death above a $5 million exemption ($10 million for joint filers). If this tax proposal went through, investors would flee the stock market and potentially create a stock market crash effecting even pensions of middle class Americans.

Whoa— not good for most investors. This is why the Democratic Party has been dubbed “tax and spend” . No thank you!

Exactly what percent of the American public do you believe has an over 1 million dollar income or estates over 10M for married couples?

It doesn't matter. Even if ONE person is impacted it is a very bad idea.

Once the government starts taxing people on money they have not received we are going down a dark road. It may be only a few people now, but what will stop these progressive leaders from lowering the bar. When they need more money to fund their progressive projects, it will be lowered to those making $400,000.
It is a ludicrous idea and one that sane people should reject.

So you think the current tax structure with all off the changes from the 1980s works better from the average person than it used to?

What a red herring.
We are talking about the insane ideal of taxing unrealized gains. This has nothing to do with other changes to tax codes.

Why should any of us care about people who make 1 mil or have 10 mil in assets? We should be trying to reduce income inequality and pay for our government rather than crying about the wealthy. Can you explain why anyone (who has a normal income) should care about this?

I have over $10M and I care. I created a successful IT business with my own and borrowed funds that now employs over 163 people. My skilled employees enjoy excellent salaries, healthcare benefits that my company pays over half the premiums for, 401K matching so they can eventually retire with a good next egg, business class travel, and other benefits. My company provides a service that is in demand. I took the risk....I should reap the reward.

We sound similar. Except we employ more people, and have net worth quite a bit north of $10M. We came here as poor immigrants, and have worked our tail off and utilized the resources offered by the country to get to where we are. Happy to pay back, once we get to $100M. We can't use up $100M in our lifetime.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She supports a tax on unrealized capital gains.

Americans Overwhelmingly Reject Harris-Biden Unrealized Capital Gains Wealth Tax |

The 2025 Biden budget proposes to tax long-term capital gains and qualified dividends at ordinary income tax rates for taxable income above $1 million and tax unrealized capital gains at death above a $5 million exemption ($10 million for joint filers). If this tax proposal went through, investors would flee the stock market and potentially create a stock market crash effecting even pensions of middle class Americans.

Whoa— not good for most investors. This is why the Democratic Party has been dubbed “tax and spend” . No thank you!

Exactly what percent of the American public do you believe has an over 1 million dollar income or estates over 10M for married couples?

It doesn't matter. Even if ONE person is impacted it is a very bad idea.

Once the government starts taxing people on money they have not received we are going down a dark road. It may be only a few people now, but what will stop these progressive leaders from lowering the bar. When they need more money to fund their progressive projects, it will be lowered to those making $400,000.
It is a ludicrous idea and one that sane people should reject.

So you think the current tax structure with all off the changes from the 1980s works better from the average person than it used to?

What a red herring.
We are talking about the insane ideal of taxing unrealized gains. This has nothing to do with other changes to tax codes.

Why should any of us care about people who make 1 mil or have 10 mil in assets? We should be trying to reduce income inequality and pay for our government rather than crying about the wealthy. Can you explain why anyone (who has a normal income) should care about this?

I have over $10M and I care. I created a successful IT business with my own and borrowed funds that now employs over 163 people. My skilled employees enjoy excellent salaries, healthcare benefits that my company pays over half the premiums for, 401K matching so they can eventually retire with a good next egg, business class travel, and other benefits. My company provides a service that is in demand. I took the risk....I should reap the reward.

You will reap the reward. How much is enough? 30 million? 100 million 500 million? How much do you need or can you spend in a lifetime? And no one is sayig your take away is capped at $10 million. It is just that over that amount, you will pay a tax on it. Guess what, you can put some of the monies into trusts for your kids to lower your estate. There are all sorts of gimmicks the rich have to shield money. Is this really the thing you want to cry about? Or I suppose living in an authoritarian state where someone like Trump can simply confiscate your company, your money etc without raising an eyebrow. take a look at how other authoritarians operate. Is that what you want here?

Actually, if you have been paying attention, which you clearly have not, the Democrats want us living in an authoritarian state. They want to control out speech, suppress free expression, and turn this great country into a failed socialist "utopia".

Please show where elected democrats are using the instruments of government to control your speech or suppress your free expression.

https://www.usatoday.com/story/news/factcheck/2023/01/18/fact-check-fbi-gave-3-million-twitter-information-requests/11033845002/