this post was submitted on 19 Sep 2024
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Microblog Memes
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TBH I'm not even considered middle class where I live but I have Unrealized Gains in the form of $VYM and Bitcoin.
I think we should tax loans where stocks are used as Collateral, or set a high bar for Unrealized Gains Tax.
The bar being talked about right now is a net worth of 100million usd, do you have a net worth of 100million? If not your bitcoin is safe.
Maybe some current proposed legislature has set that bar, but this picture of a tweet does not talk about that.
That picture is referencing Kamala's proposed tax policy where she wants to tax unrealized capital gains on individuals worth 100mill exclusively
The tweet does not say Kamala, it does not mention "The President's Budget" that was announced by Biden early this year, it just says that unrealized gains are not being taxed.
There is of course the implication of modern policy but I think it is healthy to include nuance and context as I have.
It's almost like things can exist in a cultural context without explicitly defined connections.
Just say "oh, I didn't realize" instead of digging your heels in.
Whats your problem, mate? Why is context and discussion banned in your world?
You'll only help the liars and fiends by painting Kamala's policy as anything other than what it is.
Says the person doing that exact thing?
I have done nothing but add context, much to your chagrin.