This is obviously a terrible idea, but when they come back with a modest proposal to just tax cap gains like income you’ll feel grateful. ;)
as it would be impossible for most people to pay tax in real dollars on an abstract future wealth, wyden's unrealized capital gains tax would effectively strip every US tech worker of their equity. the industry would cease to exist.https://twitter.com/RonWyden/status/1113464900142104577 …
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Ah, moving the Overton window. I will say that I'm impressed how quickly everyone adopted Trump's primary political tool. We are in for a decade of crazy ideas designed to make bad ideas sound good.
Keskustelun loppu
Uusi keskustelu -
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Also what about inflation? Are we supposed to treat any nominal increase as a profit? What about my house? Real estate? It’s basically a wealth tax.
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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Another long nail in a very short coffin.
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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Or put another way,
@RonWyden is proposing to disincentivize anything that could be categorized as a "long-term investment." I can not think of a more short-sighted, dangerous, and frankly, stupid economic policy proposal. Dems - shut this down!!Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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*would cease to exist in America
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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all the taxes burdens might be vanished with people switching to
$btc. It's that easy )Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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