Price Controls. 28% corporate tax 44.6% capital gains tax. 25% tax on unrealized gains

This too!!

Kamala Harris has endorsed a tax on unrealized capital gains. ☠️

That sounds like that old trick to tax unrealized gains "Mark to Market". That helped fuel the 2007 recession. 😀

Taxing "Gains" as ghosts always backfires when the values (gains) are losses. 🤣🤣

a reply to: orionthehunter

Somehow I don’t imagine Harris will get a lot done if she becomes President.

I think she'll get a lot done, but nothing that benefits everyday citizens. She won't be calling the shots anymore than Biden did; it'll be Obama's fourth term.

Government control of finance, energy and production will have us all under socialism and I don't see anyway to salvage merica after one more far left liberal administration.

Walz is a straight up communist. Kamal changes who she is hourly, but her record tells her true political leanings.

a reply to: xuenchen

Democrats always want to raise American's taxes and spend more of the collected dollars taking care of citizens of other nations.

BIDEN-HARRIS quietly increased the amount of U.S. taxpayer dollars we send to other nations, from $56 Billion in 2021 to $70 Billion in 2022, just one year later!

LOOK: www.usnews.com...#

No doubt tens of millions of taxpayer dollars were skimmed and laundered back to crooks in our U.S. government and private sector.

The concept of Making America Greater by Keeping American Needs as Priority #1 (MAGA-AF) is totally repulsive to Democrat leaders.

Democrat leaders barf at the thought of re-directing funds from Ukraine officials, to needy Americans.

If Americans put these people in charge, the "slow crowd" who voted for them, will get exactly what they deserve. 😡

Mostly Peaceful Memes isn't wrong at all

x.com...

Mostly Peaceful Memes
@MostlyPeacefull
·
7m
Trump wants to eliminate income tax.

Kamala wants to tax money that doesn’t exist.

Speaking to increased taxes under a Harris administration I wonder how much will go to funding other countries and their wars?

We fund Isreal AND Hamas as it is now. Our military budget no longer serves to protect America first it seems.

Recent data from the tracker shows that the share of military aid from the U.S. dropped from 23% in 2020 to less than 13% in 2021, its smallest share since 1949. Prior to 2021, military spending for decades made up at least 20% of annual foreign aid obligations. In 2022, that share rebounded slightly to reach 14%.

In contrast, the share of aid in the form of economic assistance was larger in 2021 and 2022 than it had been in decades, making up about 86% of listed obligations in 2022.

Looks like Biden might have been trying to win the hearts of other country leaders by tossing our money at them. I bet Iran didn't even say thanks but felt they were entitled to millions just because.

How Much Aid Does the U.S. Give to Israel?

In 2022, U.S. agencies allotted Israel about $3.3 billion in aid, nearly all of which was designated as military aid. The country received a similar amount in 2021 – more than twice the amount for any other country that year.

Over the last decade, Israel has typically gotten between 8% and 10% of all country-specific foreign aid obligations annually, but that share dropped to less than 7% in 2022.

Meanwhile, Palestinian territories the West Bank and Gaza accounted for about $154 million in foreign aid obligations in 2022, up slightly from $131 million in 2021.

Playing both ends against the middle never ends well.

How Much Aid Does the U.S. Give to Ukraine?

In 2022, Ukraine surpassed Israel as the top U.S. aid recipient, taking in more than $12 billion after Russia launched its invasion in February of that year. That amounts to more than 25% of all aid designated for specific countries in 2022.

What Is the Aid Supposed to Be Spent On?

Countries involved in ongoing conflicts typically receive significant amounts of military aid.
For example, Ukraine, Israel and Egypt far surpassed all countries in 2022 for aid in the “governance” category, which accounts for the vast majority of obligated military aid captured by the tracker.

[www.usnews.com...]

The only way to pay for four more years under liberlism is taxation. If Harris wins those new 81,000 armed IRS agents will have a job; if Trump wins they'll be in the next unemployment line, hopefully.

Here's a secret release of Democrat Kamala Economic Advisors discussing things . . . . . 😀

(this is where the "28%" came from) 😃

a reply to: nugget1

The most recent disgusting revelation re our foreign funding is how BIDEN-HARRIS helps Ukraine retirees, Ukraine Border Security (not USA...but Ukraines), and other "society needs" of that country...along with a $20 million "slush fund" tucked into the package, for laundering back into the pockets of U.S. politicians (and others).

SOURCE: theconservativetreehouse.com... oticed-stuff/#more-254182

originally posted by: watchitburn
a reply to: DBCowboy

Even more fun, this is how her "unrealized Gaines tax" will work:

You paid $250,000 for a house. Zillow says it’s worth $500,000.

$500,000 (fair market value) - $250,000 (cost basis) = $250,000 unrealized capital gain.

25% * $250,000

=

$62,500 owed to the IRS

Can you imagine if it's a small house bought 30 years ago in Palo Alto and you're retired ?

House worth probably $2m, thus money owed IRS probably over $400 000.

So, you either hand over to the IRS all of your cash, are forced to sell the house, or both.

With what you've got left, can't buy another house, so # you and move !!!

Old people don't vote Democrat so f*ck 'em !!!

originally posted by: Boomer1947

originally posted by: putnam6
These are just some of the known economic policies of the Harris/Walz ticket.

I can hear dozens of yachts engines firing up, as former corporate headquarters in America head to less tax-obsessed countries.

It is the only response big corporations have, or will they just pay off politicians to lessen the blow

finance.yahoo.com...

Biden Enforcing A 28% Corporate Tax Rate Would Make The U.S. 'The Most Uncompetitive Country In The G7' Says Kevin O'Leary

They already did pay off politicians to lessen the blow. That's how we got the Republican tax cuts of 2017 that added a couple of Trillion to the deficit.

You do realize that the tax cuts increased federal revenue...

And spending added a couple of trillion to the deficit.

If you can still remember that whole Covid thing...

Since you appear to be one of the ones on the Harris donor list, please forward her this link...

The Laffer Curve explained really simply

Not that she will read it because her policies have nothing to do really with federal revenues going up.

Her policies are all about our economic collapse.

A means to an end, as it were...

Hope you "win" this election cycle!!!

a reply to: RazorV66

(crickets)

Dude is a total shill and operative!

I'll answer...NO, he didn't, BUT he'll never admit it...EVER!

originally posted by: DAVID64
a reply to: nugget1

Because a vast majority can't think for themselves. They vote on an emotional level, with no thought on how that candidate is going to fulfill that pipe dream.

They look at the last 4 years and are still dumb enough to vote for the person who caused it.

I had a friend of mine tell me something the other day.

She said...

OK. Sit me down and explain to me like I am a 5 year old how people who have paid their bills the last 4 years want more of this.

I had no answer.

Because there isn't a rational one.

We as American taxpayers should not vote for more of what we just got.

But here we are.

a reply to: Lumenari

I feel for your friend. I truly do.

As both you and I have opined of recent, this has gone on for a lot longer than just the past 4 years, but as you say...'yet here we are'.

originally posted by: Flyingclaydisk
a reply to: Lumenari

I feel for your friend. I truly do.

As both you and I have opined of recent, this has gone on for a lot longer than just the past 4 years, but as you say...'yet here we are'.

I am angered by it but will weather it, no matter the outcome.

I have no doubt you will too.

Just a shame where America is right now.

It isn't just about us any more, after all.

We're on the "checking out soon" part of the chart.

Pictures like this are prime reasons, we need to be careful who we move forward with...

That’s hilarious.

Callous Harris 👍

a reply to: WeMustCare

Prior to Trump, the corporate tax rate had been at least 28% for around 40 years. It was at 28% under Reagan. Do you want to know what happened when it was raised to 35% under Obama? We had longest period of sustained economic growth in US history.

I also want to know where these billionaires are going to go if they're going to flee the US en masse because the US is raising their tax rates to be closer to those of Europe.

Obama did these super fail policies too and caused business to exit the country.

Then Donald Trump came along and waved the magic wand Barry didn't believe he could do, and brought ALL of them back.

Trump proved with those actions that Barry Bama is truly a very stupid man.

This hurt Barry's feelings, so he began spending all the graft and kickbacks he got as president and began punishing Trump for reversing his policies that harmed America.

And now Barry has another chance to really put the thumbscrews to all Americans through Kamala and reinstate all those commie Marxist programs he loves so much.

originally posted by: Threadbarer
Prior to Trump, the corporate tax rate had been at least 28% for around 40 years. It was at 28% under Reagan. Do you want to know what happened when it was raised to 35% under Obama? We had longest period of sustained economic growth in US history.

I also want to know where these billionaires are going to go if they're going to flee the US en masse because the US is raising their tax rates to be closer to those of Europe.

The economic "growth" with Obama was caused by the free market recovery from the massive recession right before he took office. That recession was caused by Democrats in Congress. 😀 The recovery started to blossom when Democrats lost Congress.