We only pay CGT when we sell. Kamala wants them to pay even without selling. All assets, shares, property, art, etc. Shares are easy to sell but the rest is going to be a pain.
I welcome Kamala's BIG ONE next week.
$100M+ peeps will throw a tanty
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“If they do implement a 25 percent tax on unrealized gains, that would cause mass selling of almost everything — stocks, bonds, homes, art. I think it would cause a crash in the markets and a pretty quick recession.nypost.com/2024/09/18/us-news/billionaire-hedge-fund-manager-john-paulson-says-hell-pull-money-from-market-if-kamala-harris-wins-presidential-election/
(20min delay)