Unrealized gains tax for Gen-Z:
You buy a Pokémon card for $50.
Someone offers you $500 for it. You say no. You love that card. You're keeping it.
The government says: "Cool, but that card is worth $500 now. You owe us $100 in taxes."
You: "…I didn't sell it."
Government: "Don't care. Pay up."
You don't have $100 lying around. So you're forced to sell the card you love just to pay a tax on money you never received.
Next month? That card drops back to $50.
Your card is gone. Your money is gone. And the government shrugs.
That's a wealth tax on unrealized gains. They don't pay you back the tax...
Now picture this.
Your mom calls you crying. She has to sell the house she raised you in. Not because she can't afford it. She's lived there 30 years. It's paid off.
But some website says it's worth more now and the government says she owes $15,000 she doesn't have.
So she sells your childhood home. The kitchen where she made you breakfast. The doorframe where she marked your height every birthday.
Gone.
To pay a tax on money that was never real.
Now picture the opposite.
Your dad put everything into his small business. For 20 years he built it from nothing. One year the business is "valued" at $2 million on paper. He owes a massive tax bill. He empties his savings. Sells his truck. Borrows money. Pays it.
Next year the market crashes. His business is worth $200,000.
He lost everything to pay a tax on a number that doesn't exist anymore.
Does the government give him his money back?
No.
Does the government give him his truck back?
No.
Does the government care?
No.
They sold this idea as "taxing billionaires." But billionaires have armies of lawyers, offshore accounts, and trusts. They'll be fine.
You know who won't be fine? Your mom. Your dad. Your neighbor with a small business. The farmer down the road who's had the same land for four generations and now has to sell it because dirt got expensive.
You're not taxing wealth. You're taxing people for owning things.
It's like getting a parking ticket for a car you might drive somewhere someday.
They want you to own nothing and be happy. To fund the fraud, waste and abuse of the welfare state they created.
There is enough money. More tax isn't needed. It's all a lie. But you've been gaslit into believing this is a rich vs poor debate.
I hope you understand what's at stake.
Not my real office, but I like this one a lot! Great way to start the day @ The Dirt Track @IMS. @USACNation#BC39 prep looks good! See you next week - July 1 & 2! Don’t miss this awesome event! Thanks Reece (@kokomospeedway), Scott (@PetryScott), & @WestSide_Deere for the help!
🚨 Pause and think about how unparalleled and elite the United States Armed Forces truly are, as reflected in the details of Operation Midnight Hammer...
🔹 The B-2s left the US mainland and were in flight, nonstop for 30+ hours in what "Razin" Cain said was the "2nd longest B-2 mission ever flown." Their flight to Iran was undetected due to extraordinary decoy tactics.
🔹 There were "multiple inflight refuelings" with "exact synchronization... all done with minimal communications." (Cain)
🔹The US military dropped 14 MOPs (the first-ever operational use of this weapon), launched 2 dozen cruise missiles, 75 precision-guided weapons used in total, and coordinated over "multiple domains and theaters with coordination" while "retain[ing] the element of surprise" throughout the mission (Cain)
🔹The US is unaware of any shots fired by Iran on the way in and out of Iranian airspace.
🔹The initial damage assessment is that all 3 Iranian nuclear sites sustained "extremely severe damage and destruction." (Cain)
Simply remarkable.
Our U.S. military servicemen and women are the best in the world, bar none.