Janet Yellen just proposed a tax on unrealized capital gains.
For those who don’t know, that means if you buy a stock for $1000 and it goes up to $5000 then back to $1000, you owe taxes on the $4000 profit that you never made.
This concept will literally bankrupt people.
@nhamil10 recommended Road to Perdition 2-3+ years ago and I finally watched it. That was a fantastic film and I wanted to publicly apologize for taking so long.
When Trump who fits every at risk category known to man comes strutting out of the hospital trash talking how weak covid really is it will be the greatest day in the history of the stock market. #DDTG