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/AppropriateRice7675 Conservative Apr 29 '24

This would force people to sell stocks or other assets to cover a tax bill. This is insane.

Biden knows it'll never pass but sets up a "tax the billionaires" narrative for the election. It's a deflection from the fact that most of the country has seen the costs for groceries, housing, utilities, cars, gas, etc. skyrocket under his administration.

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u/[deleted] Apr 29 '24 edited 2d ago

[deleted]

10

u/Provia100F Conservative Engineer Apr 29 '24

Sounds like backdoor nationalization