A Comparison of Unrealized Gains and Property Tax Assessments
This image presents a critical perspective on tax policy, contrasting the treatment of unrealized stock gains for the wealthy with the assessment of property taxes for homeowners. The text argues that while it is often claimed that unrealized stock gains should not be taxed because the assets have not been sold, homeowners frequently face increased property tax bills when their home values rise, despite not having sold or cashed out on their property. The graphic features a line-up of prominent public figures and business leaders to illustrate the disparity in how different types of asset appreciation are handled by tax systems, questioning the fairness of applying the concept of 'unrealized' gains differently across economic classes.
silence, sheep.
I'll tell you EXACTLY WHY: Remember the bubble in 2008 when all banks were bailed out by the government? You are doing exactly the same, you are bailing out the IT bros by paying higher taxes, water electricity bills etc. In other words you are giving them borrowed time before th
Cause you're one of the sheeple in a savage capitalism system! Disclaimer: I hate communism as much as I hate retarded fascism. Still we're going through times when a quote or two are starting to make sense, and this should worry us all to no end and be a clear sign that savage c
Imagine thinking property tax is your proof of anything
Billionaire don’t own property. Got it
Property taxes are not the same as capital gains taxes.
But property taxes are completely different. Property taxes are the tax on your physical presence to pay for services. Its not taxing your unrealized gains. Its taxing the physical item in the area to pay for schools and such. Money you invest has been taxed already. And if the i
Do billionaires not pay property tax?
Idiot. That means every 401k, retirement plan, kids college investments and more woud be taxed on unrealized gains. You buy a single share of stock for $50. It goes to $500, you owe taxes on $450 even though you haven't sold the stock.
My wife and I haven’t been taxed on our stock gains because we haven’t sold. And we’re thousandaires.