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ATTENTION INVESTORS: The Biden administration is literally retarded! They want to apply capital gains to UNREALIZED profit! They want to tax gains you haven’t even sold to earn yet, absolute insanity! (media.patriots.win)
posted ago by reddeadpill ago by reddeadpill +967 / -0
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– BillionsAndBillions 6 points ago +6 / -0

Who would trade when they could tax you on a stock upswing, then the stock tanks and you're left holding the bag. Nobody will risk this. Stock market ended!

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– BeerAndCope 5 points ago +5 / -0

Right. This wouldn’t tank the market this would end the market.

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– BillionsAndBillions 4 points ago +4 / -0

Also, home mortgages and loans are bundled and traded. Banks would start calling in house loans, car loans, you name it to try to stay solvent with all that tax on trades

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