In other news, money is created out of thin fucking air.
If enacted, it would mandate that the wealthiest Americans pay an annual rate of at least 20% on all income, including unrealized capital gains on all liquid assets.
Taxing unrealized gains is utter insanity.
Commies gonna commie
Creating a barrier to being wealthy. The ones who are rich know where to invest as their companies will get pumped. Easy money for them. The Goyim have no idea what to invest in.
Then later on they will tax all unrealized gains.
Elon Musk technically wouldn't be affected by this, as his company has all the money. He pays himself a very tiny, taxless salary and lives off the benefits of his company. This is just a virtue signal....
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