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Could you imagine? Also the proposal of unrealized tax is the craziest thing I have ever heard. All that means is they want your house assets to go up because you will pay the difference on value when you don't even sell. ๐ณ
JUST IN: ๐บ๐ธ Kamala Harris backs President Biden's 44.6% capital gains tax proposal, the highest in history.
The proposal also includes a 25% tax on unrealized gains for high-net-worth individuals.