The Democrats assist at all times elevating taxes that quantity to robbing folks with legal guidelines. They NEVER study that Marxism has failed EVERY single time it has been tried. They don’t give a rattling about our nation, our future, or retaining our tradition. They’re outright liars on the subject of claiming it’s misinformation that folks will likely be subjected to the proposed unrealized capital good points. I place the blame on the socialist Supreme Courtroom after they had been pushing the revenue tax. Out of the blue, the Equal Safety Clause magically solely utilized to race, gender, or faith, not class.
Societies have usually been divided by class all through historical past. In historic Rome, solely high-ranking residents had been entitled to a jury trial. There have been no PRISONS in Rome. Somebody who dedicated a homicide was despatched to battle within the Colleseum as a gladiator. In the event that they survived 3 years, they retired to be an teacher for 2 years. After that, even a slave was freed. A high-ranking aristocrat was despatched into exile for such crimes.
So right here now we have the Democrats as soon as once more pitching their hatred of sophistication and promising that their $5 trillion tax proposals will NEVER impression the center class – solely these disgusting wealthy individuals who they hate however settle for after they hand them tens of millions of {dollars} for his or her anti-American campaigns for exceptions.
They bought the revenue tax in the identical means. Solely these vile individuals who have began companies and been profitable can pay or go to jail. Solely individuals who earned greater than $3,000 had been imagined to pay revenue taxes. They know tips on how to bullshit everybody, in order that they cheer and create class warfare realizing nearly all of folks consider no matter they are saying and can by no means notice that they’re performed for fools. Finally, you might be their goal.
They wish to declare that social media recently offers with taxing unrealized capital good points as misinformation. They insist that Harris’ $5 trillion plan to tax unrealized good points will solely apply to $100 million or extra. They mentioned the identical scheme utilized to revenue tax in 1913. Even when it taxing unrealized good points utilized ONLY to these on the $100 million stage and up, these folks can be compelled to promote their shares (1) forward of the tax or (2) to pay taxes.
Guess what! That can create a inventory market crash that may impression everybody’s financial savings and pensions. They don’t wish to speak about that. Then, if you happen to had a inventory that rose from $100 to $200, you’ll be taxed on the $100 acquire. Nevertheless, like playing, you can not write off your losses. So, the inventory fell again to $100, and there was no refund. Kamala will create a Nice Despair, and the market will most likely crash for two years. In the event that they pull off their assassination of Trump subsequent time and rig the election, this would be the finish of the bull market.
We do see a significant turning level in 2026 on the horizon. A Democratic victory would maybe flip that into a significant low. There isn’t any query that when any unrealized good points tax is handed, it is going to ultimately apply to every little thing, for we’re on the cusp of default. When the federal government realizes by waging countless wars in opposition to each China and Russia that when China dumps all our debt, rates of interest will rise, and the finances will explode. They’ll then increase the tax by mere interpretation below IRS guidelines.
This understandably paints a unfavorable image of “common People” being compelled to pay taxes on “paper will increase” of their asset values and denied credit score for losses. They could not apply that to actual property, however actually to shares. In the event that they did attempt to apply that to the common particular person’s dwelling, that will surely carry concerning the Revolution. Are they that silly? In all probability. Then the query is these within the army would most likely cut up between actual People and imported aliens. It might find yourself just like the Russian revolution of the have-nots vs the haves.
The $5 trillion tax hikes proposed by Kamala could be the catalyst that sparks the revolution, simply because the Stamp Act in America did in 1765 within the American colonies. They by no means contemplate spending much less. It’s at all times simply getting extra from We the Folks. Kamala Harris’s proposal for a 44.6% tax on capital good points has additionally claimed to focus on solely the wealthy. Nevertheless, it is going to apply if you promote your own home and search to retire, transfer, or downsize after the youngsters are gone. The federal government will NEVER scale back spending. They should bribe folks to retain their place until the terminate voting – which they simply did within the Democratic Celebration extinguishing primaries.
Welcome to the Land of Countless Taxation. While you die, they need 50% of what’s left, if no more. Ben Franklin warned that the one two certainties in life had been Loss of life and Taxes. My father’s previous legislation associate suggested me if I died in New Jersey, inform my household to pull my physique throughout the river earlier than they advised anyone – or get out of the state. I moved to Florida. New Jersey now has an EXIT TAX. California now needs to impose an EXIT TAX. You promote your home and don’t purchase one other in New Jersey; they need an exit tax. NEVER do they ever query why persons are leaving and reform. As a substitute, punish the bastards for daring to go away of their model of presidency – financial indentured tax servitude. We’re all now financial slaves, and if you happen to fail to file telling them what you earned – that’s jail time. They don’t imprison you for failure to pay, it’s failure to inform them you owe cash.