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Tag: Unrealized Capital Gains

Biden’s Ridiculous Proposal Wants to Tax Your Unrealized Capital Gains

Posted on March 17, 2023March 17, 2023 by DT

President Biden and congressional Democrats have wanted “the wealthy” to pay their “fair share.” The way they want to do this should alarm everyone. Biden and the rest of the Democrats want to tax unrealized gains on assets such as equities, real estate, and collectibles would be subject to yearly taxation under their proposed tax reform.

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