I introduced HR 8591, the No Capital Gains Tax on Family Farms Act, with @RepMGP yesterday.
The bill preserves family farms by allowing farmers to sell their land to family members without paying capital gains taxes. We are losing too much farmland to data center development.
Hypothetically…….. I’m being taxed on money I never made. Let that sink in.
If I bought my property outright for $60,000 in 2009
Now the county says it’s worth $246,000.
Did I sell it? No.
Did I make a profit? No.
Did I get a check for $246,000? No.
But my taxes jumped like I did.
That’s the problem.
This isn’t income.
This isn’t cash.
This is a number someone decided on paper — and now I’m being billed for it.
If my stock portfolio doubles, I don’t pay taxes until I sell.
If my income doesn’t increase, I don’t magically owe more income tax.
So why does owning a home work differently?
Why am I being taxed on unrealized gains?
A house isn’t just an investment — it’s where people live. And this system means you can do everything right, pay off your home, and still get squeezed harder every year because of a number you never turned into money.
You don’t truly own something if you can be taxed out of it.
This isn’t about “services” or “inflation.”
It’s about being charged for value you never received.
And people are starting to notice.
This needs to be on everyone’s mind✔️
There are new hints that the fabric of space-time may be made of "memory cells" that record the whole history of the universe. If true, it could explain the nature of dark matter and much more. https://t.co/widc47hjye
A man with a severe speech disability is able to speak expressively and sing using a brain implant that translates his neural activity into words almost instantly.
https://t.co/S6oWzlOZYm
@humana why are you denying my mother the medical care she needs? She fell and broke her hip on Easter Sunday. After hip surgery, she can’t walk unaided & needshelp daily. Her medical team says she needs acute rehab, not a nursing home. @Humana is trying to ship her off to a home
Twelve days ago, I had dinner with President Trump, a dinner that my friend @KidRock set up because we share the belief that there has to be something better than hurling insults from 3000 miles away.
The construction industry is anticipating years of disruption from the Los Angeles wildfires that could make it much harder to build, even in the Bay Area. The fires are likely to exacerbate the industry’s existing problems and could add some new ones too. https://t.co/hyZELRpAAt
A scientist who successfully treated her own breast cancer by injecting the tumour with lab-grown viruses has sparked discussion about the ethics of self-experimentation https://t.co/wnjBX1zWjH
Yesterday, the SJSU assistant women’s volleyball coach filed a Title IX complaint against her university for allowing a man to play on the women’s team.
Today, she was suspended, effective immediately.
This is how they get people to comply—through force.
https://t.co/DwouoXSYjI