Post #24557 by AlphaWolf on the US Policy board

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The Dems support taxes on unrealized gains.

I’m a registered Democrat and I don’t support taxes on unrealized gains.

So your statement is not accurate.

However, Biden’s latest budget proposal does include a 25% annual minimum tax on unrealized capital gains for individuals with incomes and assets exceeding $100 million.

Fortunately, this proposal has no impact on me. Wait. Now that I think about it, I wish it DID impact me!

In any case, it has as much chance of passing as I do of winning Friday’s Mega Millions lotto.

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