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Tax on unrealised Capital Gains, page-50

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ex bull

7,269 Posts.

31/10/21

22:33

Post #: 57216534
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Originally posted by willial: ↑

Gve,
Unbelievable that you shares might go up .
You pay large taxes on those unsold and temporary gains.
They go down in value and then you wait years to get your money back ( if ever )
Destroys the middle class!
Won`t affect the Zuckerberg`s , Bloomberg`s , Gates`s, Obama`s or really rich who will move assets offshore or just use their expensive accountants to find loopholes.
Only the desperate Democrats could consider this .

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"Destroys the middle class!"

Precisely what (especially) Laborites like Andrews and McGowan have been doing with their lockdowns.

Under cover of keeping us safe they have been decimating the main support base for the LNP.

This is class war. As such these Laborites needs to be seen as a counter revolutionary clique.
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