zlacker

>>southe+(OP)
I wonder if this is coming up just before the election because of the Harris campaign’s suggested policy of capital gains tax on unrealised gains for people who have over $100m in assets? I think this is a great idea personally given what these people are doing to avoid paying tax including taking out loans against their own share portfolios. Worth thinking about what people are willing to do to not pay billions of dollars worth of taxes.

>>andy_p+ex
Unrealized gains taxes is an extractive and totalitarian tax. Someone is always risking 100% loss until they realize those gains. It's an affront to entrepreneurial risk-taking and it's capricious. It would be just as ridiculous to allow someone to write-off unrealized losses.

>>chrisc+fX
Well when you have over 100m in assets in your pile of gold in the dragon lair, its time to be extractive.

>>kjkjad+5Y
> Well when you have over 100m in assets in your pile of gold in the dragon lair, its time to be extractive.

This is emotional pleading, not a serious argument of any sort, based on the core premise of "this person has more money than me, and I don't like that, therefore I should get some".

>>throw1+Vv2
Its more a question of if the best way to allocate our resources is to allow the bulk of the population to struggle while a lucky few have more money than they could reasonably spend on themselves in several lifetimes.

>>kjkjad+Q74
> Its more a question of if the best way to allocate our resources is to allow the bulk of the population to struggle while a lucky few have more money than they could reasonably spend on themselves in several lifetimes.

This is emotional pleading, dishonest framing, and a false dichotomy. Are you going to make a real argument, or continue to engage in emotional manipulation?