John Smith

[John Smith @JSthg3gzik]

These replies are full of poor fucks begging to suck rich cock. They're not gonna tax your 5 shares. These wealth taxes are never for YOU, yes YOU reading this tweet. You're closer to the bum on the street than you are any billionaire but you still identify with them lol

[Bull Theory @BullTheoryio]

🚨 SOUTH KOREA JUST PROPOSED TAXING UNREALIZED GAINS.

And this is one of the major reasons behind today's massive selloff in the Korean market, now being called BLACK TUESDAY in Korea.

At a forum hosted by South Korea's ruling Democratic Party, lawmakers called for comprehensive taxation that would treat unrealized gains on stocks and real estate as taxable income, even before the asset is ever sold.

The ruling party has pushed escalating wealth tax measures throughout 2026, including a February forum proposing to lower the real estate capital gains exemption threshold from 1.2 billion won to 800 million won, and an April push to abolish the long term holding tax deduction entirely.

Today is the first time this campaign has explicitly extended to taxing unrealized stock gains.

Under current law, investors are taxed only when they sell a stock and realize a profit.

Under this proposal, investors could owe tax on paper gains they have not sold or collected, simply for holding a stock that went up in value.

The Netherlands tried almost this exact policy four months ago.

On February 12, 2026, Dutch lawmakers passed a law taxing unrealized gains on stocks, bonds, and crypto at a flat 36% every year, whether or not anything was sold.

The backlash was immediate. A petition against it gathered more than 61,000 signatures, and Shopify CEO Tobi Lutke called it "the dumbest thing any government on planet earth is pursuing right now."

Just 13 days after the bill passed, the Dutch finance minister announced the government would scrap the unrealized gains portion entirely, admitting the law "cannot pass as is."

This lands directly on a South Korean market that just ran up nearly 95% over the past year, built largely on heavy retail buying with borrowed money.

A tax on gains that exist only on paper is a direct threat to the exact rally that created that exposure in the first place.

[John Smith @JSthg3gzik]

@leadlagreport Zero chance

[John Smith @JSthg3gzik]

@katiewr31413491 @RossBarkan Good. We need less parasites not more.

[John Smith @JSthg3gzik]

@trevorlyman @LPNational Jesus fucking Christ why did I expect a braindead piece of shit to have looked anything up or be honest about anything. Shame on me.

https://t.co/sTf11EEsXf

[John Smith @JSthg3gzik]

@DonMiami3 Isn't it all going on credit these days?

[John Smith @JSthg3gzik]

@MattH_4America And looks like a prison. Guards and police and barriers everywhere.

[John Smith @JSthg3gzik]

@RossBarkan I don't think people understand just how much that is. Your mortgage would be as low as $30,000/month to upwards of $100,000/month.

[John Smith @JSthg3gzik]

@RossBarkan Those go for between $3,000,000 to over $10,000,000 btw. Those poor things :(

[John Smith @JSthg3gzik]

@StealthQE4 They never will. Think about why: all it takes is trump not lying once for them to miss out.

So rather than going with the obvious (he's lying) they play along just in case he's not lying for the first time ever.

[John Smith @JSthg3gzik]

@BillAckman You say people being forced to sell as if it's a bad thing. Rents are too fucking high. Force these parasites to sell at a loss so house prices drop and so do their costs and therefore rents.

Stop complaining about other people's solutions when you have none.

[John Smith @JSthg3gzik]

@BestCryptoTwits @anarchojaQ It is

[🏴‍☠️🐦‍⬛🏴Blank🏴🐦‍⬛🏴‍☠️ @anarchojaQ]

Hey everyone, learn about jury nullification and tell your peeps about it

[John Smith @JSthg3gzik]

@Alexand20458047 @JoeSocrates1776 @nxt888 Always someone else's fault huh?

[John Smith @JSthg3gzik]

@honestpollster LMFAO the replies. Yes yes let's hurt the black and brown people that ought to do it.

[John Smith @JSthg3gzik]

@hopeyp24 @elitelife_kd It's a .ga address. Instead of .com

[John Smith @JSthg3gzik]

@KellyScaletta This culture

[John Smith @JSthg3gzik]

@BRICSinfo Market manipulation Monday

[John Smith @JSthg3gzik]

@redpillb0t She's making shit up. Stop believing these liars already. She has the same evidence we do. If she had more she would've just said it.

[Praise @tufpraise]

We're tired of hearing 'the names will shock the entire world'. Name them. Arrest them. Or shut up.

[Curtis Daly @CurtisDaly_]

Yo, why have you stopped talking about the Epstein files?

[B L A K E L E Y™℠©® LLC @_iamblakeley]

@nypost And why shouldn’t he? Republicans violate the constitution every fucking day.