Anonymous #1 1d

It’s really not that difficult actually. We tax unrealized gains every year with this thing called property taxes

15

Anonymous #2 1d

Homestead exemptions are also pretty good tbh. It makes sure actual homeowners are paying less while dirtbag landlords are paying what they owe

8

Anonymous #4 1d

Also stocks are something that are fairly easy to sell to pay for taxes Unlike a house, you can sell $2000 worth of stock to pay $2000 in taxes

9

Anonymous #3 12h

They don’t have to sell it.

0

Anonymous #6 12h

They do if they’re getting taxed on it???😭

1

Anonymous #8 11h

Too bad so sad you already do We use those taxes to pay for stuff like schools and libraries

5

Anonymous #8 11h

Property taxes already exist smartypants, just because you’re so adamant about not giving back to the community doesn’t mean you won’t be forced to

1

Anonymous #1 11h

Property taxes are pretty lame too tbh but nowhere near as ridiculous as this idea

1

Anonymous #4 11h

Let me guess, even though this is all about giving back, it only goes one way. You pay into the government if you make unrealized gains, but the government doesn't pay back tax credits if you make unrealized losses.

1

Anonymous #3 11h

where in the constitution does it say that? and no it’s not unrealized. that’s a made up term. If they can borrow money against it and gain profit off the money it’s their money. It’s the exact same thing as saying “oh the money is in my bank account but I haven’t spent it yet so you can’t tax me”

1

Anonymous OP 11h

Except the money in your bank account can’t go from 1000 to 1 in a single day like a stock can. I DO agree that you shouldn’t be able to put stocks down as collateral for a loan THAT is dumb.

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Anonymous #3 11h

You aren’t taxed on a loss. No one has ever been taxed on a loss. If I spend 999 my bank account will go from 1000 to 1. It’s the exact same as the stock market. You shouldn’t have a stock that can go from 1000 to 1 that’s your fault. I shouldn’t spent 999 when I have 1000 that’s my fault. That’s not a justification AT ALL for why you can’t tax stocks. If stock goes up 200 billion dollars they should be taxed on that gain. It’s their money, it’s liquid. It’s real. It’s not “tied up”

8

Anonymous OP 11h

In that scale that forces them to sell. There is no bank that is going to loan them enough to pay off a 37% tax rate on $200 billion

1

Anonymous OP 11h

Dawg what? Do you know how the fucking stock market works? A stock isn’t a liquid asset because its value is entirely determined by the market. A dollar is always going to be worth a dollar (The PURCHASING POWER of that dollar is determined by the market though). A share of Tesla can be worth $1000 one day, and then $50 the next day because Elon Musk went on national television and did the Sieg Heil. That’s not in your control. Buddy I’m not a conservative by any measure but you’re really

0

Anonymous #8 11h

It doesn’t have to be specifically that high. But yes it would force them to sell. Which is a net positive just like having more money to spend on social services. It doesn’t hurt elon musk to sell off 74 billion. Literally does nothing to him. Obviously that number is too high but if you gain 200 billion a number like 20 billion going to the country would benefit everyone. and if billionaires were taxed they would try to control it and I guarantee that shit won’t go to the military

2

Anonymous OP 11h

proving the stereotype that liberals have no fucking idea how an economy works. Do better. This stuff can help you build wealth, it’s good to know.

-1

Anonymous OP 11h

Forcing mass selloffs is just market manipulation

-1

Anonymous #8 11h

No, no it’s not

1

Anonymous OP 11h

You have a HORRIFYINGLY high amount of faith in your government bud😭🫩 if 20 billion fell into the governments lap right this instant out of Elon Musks pocket we would not see a single cent. That money would go 100% to Mossad and buying vacation homes for politicians.

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Anonymous #3 11h

ah yes famously tesla has lost 95% of its value in one single day. that’s definitely something that happens. Companies don’t lose 95% of their value when they announce they are bankrupt. You gotta be trolling atp what the fuck are you talking about. I have 20,000 in the stock market rn. If I wanted to sell 1,000 worth of stock I can do that right fucking now. it takes less time to withdraw from my stocks than it does to take money out of my venmo account. The stock market is a bank account

3

Anonymous #4 11h

It absolutely is lol

0

Anonymous #8 11h

so is anti trust

4

Anonymous #8 11h

It doesn’t violate the Securities Act of 1934 in any wat

1

Anonymous OP 11h

are you gonna sit here and tell me monopolies are good for the consumer?

4

Anonymous OP 11h

It’s a fucking example obviously companies don’t lose 95% of their value in one day. You’re being obtuse. And for your sake I’m deadass PRAYING that you’re lying about that 20 grand in the stock market bit because you don’t know the first thing about it.

0

Anonymous OP 11h

Houses also lose that much value commonly, and we have exemptions for that. Ie. If your house burns down, you don’t have to pay property taxes.

6

Anonymous #3 11h

Stock market is literally just gambling on companies and a way for the rich to get richer, it’s all a racket lol, imo it shouldn’t exist at all, but being able to no longer take loans on it or being taxed on their gains is a way to make it more equal for others

1

Anonymous #3 11h

It’s not an example. You said tesla can go from 1000 to 50 in one day because elon is a nazi. which is completely and uttlerly impossible. 95% is an astronomical amount of money for any company. No stock worth more than 10 million market cap will drop more than 50 in a day let alone 95. And literally all you need to know about the market to have any money in it is “Stock always go up? invest. wait. stock go up and down? wait for go down sell when go up. stock going down? wait for go up.”

3

Anonymous OP 11h

Anyways, I think it is entirely possible to have an unrealized gains tax that 1. Taxes primarily rich people, and not the common person 2. Has exceptions for weird stuff that happens. 3. Will raise total tax revenue (correct side of laffer curve)

9

Anonymous OP 11h

Holy fuck you’re spastic😭 we really need to start revoking internet privileges for people like you

0

Anonymous #3 11h

Also pretending the stock market is some uber-complex, hard-to-understand system when most of the money made in it is from luck or insider trading is funny to lol

1

Anonymous #4 11h

it’s not gambling. obviously you don’t know how the market works, but I get why you think that when you lose 95% of your stock value in a single day. penny stock trading is 100% gambling. shorting and all that shit is gambling to a degree. It’s so unbelievably hard to lose money in the market without a global catastrophe happening if you have the smallest ounce of a brain. There is no risk in putting money into NVIDIA, AMD, OIL, META, Apple, Microsoft. It’s literally free money

0

Anonymous #3 11h

you’re mad special. wild to be this dumb in the big 26. thought this shit was a college app tf they teaching you

4

Anonymous OP 11h

Long-term the market goes up yes, I’m aware with how the stock market works, but it only serves to make the rich richer and does little to nothing for the average American

1

Anonymous OP 11h

Sounds like a business or Econ major which means they teach him nothing 💀

1

Anonymous #1 11h

The exceptions might get exploited, but it still will work. Over time, we can easily lower those exploits if congress isn’t bought out by corporations.

5

Anonymous #4 11h

I mean compared to billionaires yeah but I’m sitting at a 223% P&L at 21,449 so I’m pretty happy with my investments

3

Anonymous #4 11h

at some like “grand canyon university” bullshit with 99.9% acceptance rate

3