The democrats attempt at a wealth tax by taxing unrealized gains

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Cape May County - The democrats attempt at a wealth tax by taxing unrealized gains as income is yet another attack on the American taxpayer. Remember, it is the wealthy, that through investment drive innovation and jobs in our economy. If there’s no profit why would they do invest in anything? The fact is they won't.. There is no way to legitimately tax unrealized gains. Especially since there is no way the IRS would refund unrealized losses. This is just another attempt by the democrats to destroy our economy, and people notice they never give, and always want more. Hopefully the SC chooses wisely.

Print Publication Date: 
12/20/2023