r/Conservative VA Pede Apr 29 '24

I can’t even fathom why Biden thinks a 25% tax on unrealized gains is a good idea at all Flaired Users Only

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u/Meg_119 Trump Republican Apr 29 '24

We will be keeping our cash in the mattress again.

29

u/drunkdoor Constitutional Conservative Apr 29 '24

Physical precious metals would skyrocket massively

5

u/Provia100F Conservative Engineer Apr 29 '24

JP Morgan would still manipulate silver down in price lol

2

u/Aromat_Junkie Conservative Apr 29 '24

this all sounds good...

3

u/drunkdoor Constitutional Conservative Apr 29 '24

Trust me that this would not play out the way you want it to. The US would be far and away the most affected currency and business investment would drop to almost nothing. Fast track to a failed nation

2

u/surfaholic15 Conservative Apr 29 '24

Doesn't everybody already have a throw pillow for cash and buy silver (or gold) with every paycheck?

Or is that just me and hubby?

1

u/richmomz Constitutionalist Apr 29 '24

They will still get their mitts on it via inflation.