https://x.com/stephanie_murr/status/1847760790666854651
Mark Cuban gets a question about unrealized capital gains tax & says it won’t happen
— Stephanie Murray (@stephanie_murr) October 19, 2024
“Somebody went on CNBC that used to work for Elizabeth Warren and said that's what they were supporting one time. Let me just tell you, we have not seen that person again. I can’t say any more.”
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Am i an idiot or are taxes on unrealized capital gains r-slurred? Like shouldnt't we instead work on closing the loopholes that allow million/billionaires to take out infinite untaxed loans for their free money glitch?
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It's the dumbest idea ever. If you allow for that, then you also have to allow people to write off unrealized losses. Have fun ever figuring out your taxes again if you have any investments lol.
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Imagine having to pay taxes on 20-30 years of unrealized gains in the first year it's implemented.
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Theyre definitely r-slurred. the government needs to stay out of unrealized gains.
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darn i think we can get pizza voting republican once drumpf leaves
!friendsofpizzashill !chuds
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It's the face of a man who has seen both sides of the horseshoe, but none of them are good.
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!grillers !friendsofbussy-boy
He speaks TRVTH
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!alligatorfrickhouse!goomblers!friendsofpizzashill
The pizzaball is gonna fall one way or another
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This is a really insightful comment
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I'm not saying I'm the smartest guy, I'm just saying it's a really insightful comment.
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He's already voting Trump because foids are the only thig he hates more than rethuglicans (shortly followed by shifty pistachio merchants)
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thats gay. Being an anti-trump republican is gayer than being a democrat.
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its actually a great idea, you just hate poor people/minorities. If the government taxes unrealized gains they might have enough money for some repartions in a decade or so.
!slots100
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if the government ever does any form of reparations to black people I am going to become a militia member.
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!slots100
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Unbelievably r-slurred. Would probably result in a market collapse for 1. For 2 it's not even remotely constitutional. I have no idea why these types get so obsessed with ideas that are impossible to execute.
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I think because they refuse to believe they've been bamboozled by MSM who said Bezos made 860 billion dollars in the last 30 minutes.
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Yes. The loan "loophole" (which was more of a symptom of low interest rates) is by far easier to close, and an unrealized capital gains tax would have to be wildly complex to not just completely frick everyone over.
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Shut the frick up.
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B-word i just said i might be an idiot. I don't know if this is a thing or not and this shit is too convoluted and wrapped up in politics for a simple google search.
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I mean, California already has a wealth tax which is a tax on unrealized capital gains but probably not in the way you mean.
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OMG relevant username
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It's relevant because i like jelly beans and now that I'm old that includes the black ones.
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Isn't this "infinite untaxed loans for their free money glitch" thing a meme? They're not getting lifetime low interest loans, so they have to sell their stock to pay them (and the interest) back at some point. At which point they will be taxed.
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that was only for COVID that was a real boon for them everything else is exaggerated
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To take a loan you need to have asset. And a asset is taxable income
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