Kamala Harris's 2025 Tax Plan EXPLAINED

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[brad]

Pay more taxes because Washington does such a good job managing money.

[miken]

Giving government more of our money is like giving a junkie more drugs

[glasschicken]

I don’t care how rich or poor you are. Unrealized gains is robbery.

[donh]

How do you tax on unrealized gains, then have the nerve to tax on it again when you pull it? This is a market killer.

[Ascham]

She voted to tax tips. Trump stated that he wanted to eliminate them. Now, she is saying she would eliminate them.

[gingerkilkus]

These frequent tax code changes are disrupting my long-term investment strategies. Are there ways to structure my investments to be more resilient to potential tax code modifications?

[petermangano]

Taxing unrealized gains is essentially a property tax, which implies that the government owns your assets like how the local government owns your property.

[forevergogo]

taxes are already out of control.
My employer is taxed for employing me and making money, the shoppers pay tax on the products in the store, I pay tax on receiving my income. (And you wonder why prices are going up...)
Then say I take what's left of my income and I go buy some nice shoes, I pay tax on those shoes. A few weeks later, I'm not that happy with them anymore, and sell them on ebay to try and recover 90% of my money spent. Someone then pays tax Again on that same pair of shoes buying it from me. I again pay taxes on the 'income' for selling them.
And what about bigger things. I buy a home, I pay taxes on it every year for the rest of my life. Its not just a one time tax thing, no- I gotta keep forking up money every year for the privilege of working hard to keep a roof over my head.

BUT THIS IS THE MOST FREE COUNTRY ON EARTH.
MY FOOT!
We need to bring taxes back down to a level that makes SENSE. Consumption! Tariffs! Shortselling stocks! All the other layers of taxing and taxing what's already been taxed needs to End!

[Amandaycl]

The market's direction can swiftly change, with indexes frequently transitioning from a bear market to a bull market precisely when the news is most negative and investor sentiment reaches its lowest point.

[lowermichigan]

Never believe a politician. Always assume it will be worse.

[Corbrwl]

It always starts with "high-income individuals", but then when they find out that doesn't give them very much, they have to come to the rest of us.

[tdogg]

More than doubling the long term capital gains is insane, wtf. Taxing unrealized capital gains is borderline criminal..

[ryanflippin]

Ridiculous, we are already taxed too much. What a joke.

[bigalthedon]

AMERICA IS UNFUCKING BELIEVABLE as a veteran trying to support my family work save for the future this is all disgusting

[JD-irsb]

That’s right . Give the government more money to squander away..like Art Laffer says…he has never seen a country tax its way into prosperity.

[FF-FAN]

in other words, don't vote for her.

[accordfreak]

people who are self-aware are NOT voting for Harris. Too bad half the US isn't

[xcab]

I'm not American, but looking at this, I would wonder why the hell anyone would vote for Kamala!

[canny]

You know how it goes with these tax plans. It starts off as "high net worth individuals" and then quickly becomes "everyone"