I Dug Into Kamala’s New Unrealized Capital Gains Tax, And Here’s What I Found...

Kamala Harris’s push for an unrealized capital gains tax is back on the table, and this time, it could impact more than just the ultra-wealthy. In this video, I break down the hidden dangers behind this proposal and how it threatens the financial future of everyday investors like you. Understanding the ripple effect of this unrealized capital gains tax could mean the difference between thriving in your investments or facing serious setbacks. Learn how to protect yourself and prepare for what’s coming.

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[brandonb]

If unrealized capital gains tax goes through, nobody will ever invest longterm again. The market would only consist of short-term scalpers

[cru]

Plain and simple never trust anyone who's lived their life off the back of the taxpayer

[cdybft]

So basically, why even invest n anything if they are going to get any profit you make? Then of course there is all the “fees”.

People should be terrified of this.

[BendyChoy]

People are insanely dumb!!
This practically threatens financial freedom!!

[pmhoard]

It's almost as if they are trying to tank everything on purpose.

[gregbennett]

The goal make us poor and you keep power

[jeffdavenport]

question: will they give me a refund when my investment tanks, hell no!!!

[raphaelhamato]

How anyone can vote for Kamala at this point is just mind boggling.

[vangourito]

They'll include joint and employers 401k accounts!

[Rancoroth]

Yup. They always roll out new taxes based on the rich. People calling for taxing the Rich need to wake up. Once they pass it, it will snowball down, to everyone. All it will take once passed, is to push it further and further until it's everyone. It was crazy when Obama set the parameters for Middle Class to be 15k to 200k. There's a vast difference in quality of life between someone who makes the minimum, and the cap. Income Tax is a tax on those that earn/work. Sales Tax is a tax on spending those earnings, applies to all. Property Tax is applied to homeowners. Unrealized Capital Gains would apply to anyone who owns property, an additional property/sales tax, when you're not even selling. In Colorado, they are already applying a Special Property Tax to your Car Registration, for the ownership of a vehicle in the State. They want everyone renting. They want to tax you out of your homes, work until you can't, and then hope you die before you can file for SS.

[earlahmer]

Say her tax proposal goes through n becomes law. The first thing that will happen is all the big wigs will have a fire sale ranging from stocks, 401ks, cryptocurrency, real estate and a multitude of other investments. Which means tons of stocks will drop dramatically, theres going to be a massive amount of investment withdrawls, the crypto market would completely collapse, and the real estate market would implode because of the sheer amount of properties being sold. In short the entire everymarket would collapse creating a complete net loss and economical collapse that will effect everyone.

[calvinbh]

Do they refund you when you then have losses? You could be up $5, 000, then turn around & be down

[williamjonas]

WE BETTER JUST TAKE ALL YOUR MONEY JUST IN CASE . THAT WAY WE DON'T HAVE TO WORRY ABOUT COLLECTING IT LATER.

[serious_as_a_heart_attack]

Her even proposing such a rule all by itself shows how unbelievably incompetent she is and totally unfit for office. TRUMP 2024!

[FrankGallagherr]

Who thinks Harris is 100X worse than Biden ??

[sherrycoco]

And what about unrealized capital losses...do they pay me!!! I don't think so!

[ruthlessreid]

All my wealth is in unrealized gains if this happens I will off shore my cash and leave.

[chriswojdag]

Property taxes are taxes already on unrealized gains also, this isn't anything new they are just looking to expand it to the federal level.
Vote out all the corrupt politicians now. Presiden, t senate, representative. County and city council members.

[DukeTheInstructor]

I feel like this is how they stripped the land from Big landowners back in the day through just property taxes as in you have to liquidate some of it to pay for the taxes so you don’t lose all of it

[dvo]

Remember when they say "temporarily " Run the opposite direction 😂