No, this is what happens when you appoint the former fed chair to be secretary of treasury.
Wasn't the whole point to separate those two institutions in order to segregate monetary policy from the executive branch? Why is a fed chair being allowed to revolve her door all the way to a treasury cabinet position?!?!?!
Taxing "potential" profit not realized...
What happens if the asset tanks the next year? How many years to carry forward the "potential" loss?
especially as we see with covid, the years gains were wiped,
or in the 2018 one day crash thansk to fake news, set back all the gains of the entire year to zero, would i get the tax on all those gains back?????
fucking thieves!
This is what happens when you do not require IQ tests before you allow a moron to manage people’s finances.
No, this is what happens when you appoint the former fed chair to be secretary of treasury. Wasn't the whole point to separate those two institutions in order to segregate monetary policy from the executive branch? Why is a fed chair being allowed to revolve her door all the way to a treasury cabinet position?!?!?!
Retard/Fed Chair... these are minor semantics.
Ok so what is our move here? This seems like it will be a mess to avoid
There is no move lol. Prepare to get your severly inflated benjies stolen.