wilkes

If we could buy Kamala Harris for what she is worth and sell her for what she thinks she is worth and tax it we could eliminate the entire tax code

Socialism the bread isn't waiting on you at the store.

According to what I know, you will not be able to claim a loss. Yes your house price increase in value would be a taxable asset. I realize it is too far left for most of these Marxist wannabees to understand but it is what it is. Read it and weep

Can we also get a refund on unrealized losses?

Kamala's plan would tax any unrealized gains in your home price or property?

With her new plan you pay taxes on unrealized profit.. You are taxed before you sell it on the gains showing from purchase to present. Then when you sell it , if you lose money you get nothing. People need to read this wealth transfer scheme if they own stocks. You make NO profit on stock until you SELL it.

Hey Fox, I think you have to make money on your stock before you owe taxes...

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