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She is seeking an UNREALIZED TAX ON CAPITAL GAINS. If this tax actually gets enacted, it guarantees that we will have a 1929 style Depression. Perhaps even the thought of it would lead to calamity—But at least appraisers and accountants would do well!”

DO NOT THINK ABOUT A TAX ON UNREALIZED CAPITAL GAINS!

I. AM. SERIOUS!

🙄🙄🙄

newrepublic.com/maz/post/18599

@feloneouscat I will never understand the Unrealized Tax…it’s stupid

@feloneouscat I don't think anyone's seeking a tax on unrealized capital gains.

That would be catastrophically stupid - and I'm saying that as... well, you know where I stand economically.

@feloneouscat Keep in mind when I say I don't think anyone'd actually seek a tax on unrealized capital gains...

That's coming from a guy (me) who wants to (among other things) quantize trading on stock exchanges to a human-manageable timeframe, say an hour, to kill off high-frequency trading & eliminate most of the raison d'etre for algorithmic trading;

HFT is used to perpetrate economic parasitism, algorithmic trading distorts markets + has a destabilizing influence, & neither is necessary.

@feloneouscat

What I read was it would only apply to those making more than 100 million a year.

@feloneouscat Just FYI, this post kinda reads like *you're* saying Harris is seeking a tax on unrealized capital gains. I'm quite sure that's not your intent, but that's based on past interactions.

Part of that may be that you appear to have forgotten to include the opening quotation mark - and another is that the interpretation of sarcasm is largely left to the reader.

Maybe the average person will be able to intuit the intent better than me, but IDK.

@IrelandTorin

Actually, I missed an opening quote. It’s a Trump post where I was amused that thinking about it was dangerous.

I’m pretty sure thinking about it isn’t dangerous at all. 😛

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