Kamala Harris's Billionaire Tax: 25% on Unrealized Gains—A Tax on Paper Wealth?

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Patrick Bet-David explains how the Kamala Harris $4 Trillion Dollar Tax Plan could impact you in this informative video. Understand the implications and stay informed!
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Trying to turn the whole country into California

jamespoole
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How about an 80% tax on all members of congress. Then 10% flat rate for everyone else

joespratling
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Investors will quit investing, jobs will disappear great job Harris

richwynn
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Even kindergarteners
Understand “unrealized gains “
Don’t count your chickens before the hatch.

bj-yyof
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That's literally the dumbest idea i've heard come out of the white house.

MeMyOwnSelf
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How to chase companies out of the US in 10 days

lZHPHR
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That’s where it starts is 100 million but then once it’s approved as law, then they can change the law and go after everybody else. That’s how they work.

azimmey
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If you wanted to destroy a countries economy as quickly as possiblethis would be one of the ways to do it.VOTE FOR TRUMP.

timothyjackson
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What about if the stock goes down? Do we get 25% tax write off on unrealised losses?

fastzebra
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Imagine if Blackrock and Vanguard got that extra 25% that's insanity

DouglasNicholas-elhv
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Thats ppl that want her in office really

CherylFante-ed
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Just remember every major tax we pay now started as a tax on the extremely wealthy. Eventually this will hit your 401k

Kevlar_soul
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Pat be a leader. Stop paying taxes. Deem it theft. All your companies. Start the movement. Don’t be scared. We aren’t 💪

Jay-xhpy
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Can we deduct unrealized losses before we pay the unrealized gains?

anjalipatel
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Not the rich, that capital gains tax would be for the middle class as well. Actually only the middle class would have to pay

scotthansen
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They will just use loopholes that the average person is not capable of doing

AndyStitzer
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Confiscation of personal property and redistribution to the government

markdegloria
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The “rich people” in that situation will just leave the United States, which means that that tax for unrealized gains we passed on to the rest of Americans as it always happens.

GrantSennett
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That's how they get everything started and in a few years it'll be on ALL of US. "just the billionaires" BS.

Ed-pvke
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It starts with rich then everyone else is required to pay. The rich will find loop holes.

pup