Democrat Party Plans to Tax UNREALIZED Capital Gains

oregonblitzkrieg

WASHINGTON—The top Democrat on the Senate’s tax-writing committee wants to tax long-term investments like other types of income, raising rates and requiring everyone to pay taxes on their unrealized gains each year.

The plan from Sen. Ron Wyden of Oregon is the latest proposal from Democrats in Congress and on the presidential-campaign trail to boost taxes on the wealthy in a bid to address what they view as the problems of economic inequality and provide a funding stream to pay for new programs. While the specific proposal has little chance to become law anytime soon, such ideas could carry over into policy if the party makes gains in 2020 elections.

Unlike plans from Sens. Elizabeth Warren and Bernie Sanders, Wyden’s tax would go after investment income rather than total accumulated wealth or estates that are passed on from wealthy individuals to their heirs.

Wyden’s plan would tax the gains on long-term investments annually, rather than when someone decides to sell the asset, as is the case currently. It would also raise the current taxes on capital gains to match the rates on other types of income, such as salaries.

https://marketwatch.com/story/top-senate-democrat-proposes-tax-on-unrealized-gains-for-the-wealthy-2019-04-02

RaceBannon

Even money you haven't made yet belongs to the government

Do you get a refund if the investment tanks

Rhetorical

creepycoug

RaceBannon said:

Even money you haven't made yet belongs to the government

Do you get a refund if the investment tanks

Rhetorical

But shouldn't be.

This would be the most stupid fucking policy ever. I can't even imagine the intellectual basis for taxing something that in theory has made you money.

ThomasFremont

Only Oregon could spawn such a brilliant idea...

PurpleThrobber

The next question is "what new programs" are to be funded with this fantasy windfall?

We can't even fix the shit we have right now -and they want 'new' programs?

MikeDamone

oregonblitzkrieg said:

WASHINGTON—The top Democrat on the Senate’s tax-writing committee wants to tax long-term investments like other types of income, raising rates and requiring everyone to pay taxes on their unrealized gains each year.

The plan from Sen. Ron Wyden of Oregon is the latest proposal from Democrats in Congress and on the presidential-campaign trail to boost taxes on the wealthy in a bid to address what they view as the problems of economic inequality and provide a funding stream to pay for new programs. While the specific proposal has little chance to become law anytime soon, such ideas could carry over into policy if the party makes gains in 2020 elections.

Unlike plans from Sens. Elizabeth Warren and Bernie Sanders, Wyden’s tax would go after investment income rather than total accumulated wealth or estates that are passed on from wealthy individuals to their heirs.

Wyden’s plan would tax the gains on long-term investments annually, rather than when someone decides to sell the asset, as is the case currently. It would also raise the current taxes on capital gains to match the rates on other types of income, such as salaries.

https://marketwatch.com/story/top-senate-democrat-proposes-tax-on-unrealized-gains-for-the-wealthy-2019-04-02

They polled college students and they overwhelmingly think this is a great idea. So that settles it.

PurpleThrobber

MikeDamone said:

oregonblitzkrieg said:

WASHINGTON—The top Democrat on the Senate’s tax-writing committee wants to tax long-term investments like other types of income, raising rates and requiring everyone to pay taxes on their unrealized gains each year.

The plan from Sen. Ron Wyden of Oregon is the latest proposal from Democrats in Congress and on the presidential-campaign trail to boost taxes on the wealthy in a bid to address what they view as the problems of economic inequality and provide a funding stream to pay for new programs. While the specific proposal has little chance to become law anytime soon, such ideas could carry over into policy if the party makes gains in 2020 elections.

Unlike plans from Sens. Elizabeth Warren and Bernie Sanders, Wyden’s tax would go after investment income rather than total accumulated wealth or estates that are passed on from wealthy individuals to their heirs.

Wyden’s plan would tax the gains on long-term investments annually, rather than when someone decides to sell the asset, as is the case currently. It would also raise the current taxes on capital gains to match the rates on other types of income, such as salaries.

https://marketwatch.com/story/top-senate-democrat-proposes-tax-on-unrealized-gains-for-the-wealthy-2019-04-02

They polled college students and they overwhelmingly think this is a great idea. So they settles it.

OK! Milly!

MikeDamone

PurpleThrobber said:

MikeDamone said:

oregonblitzkrieg said:

WASHINGTON—The top Democrat on the Senate’s tax-writing committee wants to tax long-term investments like other types of income, raising rates and requiring everyone to pay taxes on their unrealized gains each year.

The plan from Sen. Ron Wyden of Oregon is the latest proposal from Democrats in Congress and on the presidential-campaign trail to boost taxes on the wealthy in a bid to address what they view as the problems of economic inequality and provide a funding stream to pay for new programs. While the specific proposal has little chance to become law anytime soon, such ideas could carry over into policy if the party makes gains in 2020 elections.

Unlike plans from Sens. Elizabeth Warren and Bernie Sanders, Wyden’s tax would go after investment income rather than total accumulated wealth or estates that are passed on from wealthy individuals to their heirs.

Wyden’s plan would tax the gains on long-term investments annually, rather than when someone decides to sell the asset, as is the case currently. It would also raise the current taxes on capital gains to match the rates on other types of income, such as salaries.

https://marketwatch.com/story/top-senate-democrat-proposes-tax-on-unrealized-gains-for-the-wealthy-2019-04-02

They polled college students and they overwhelmingly think this is a great idea. So they settles it.

OK! Milly!

Hey, I’m not indoctrinated, I have been educated!

greenblood

MikeDamone said:

oregonblitzkrieg said:

WASHINGTON—The top Democrat on the Senate’s tax-writing committee wants to tax long-term investments like other types of income, raising rates and requiring everyone to pay taxes on their unrealized gains each year.

The plan from Sen. Ron Wyden of Oregon is the latest proposal from Democrats in Congress and on the presidential-campaign trail to boost taxes on the wealthy in a bid to address what they view as the problems of economic inequality and provide a funding stream to pay for new programs. While the specific proposal has little chance to become law anytime soon, such ideas could carry over into policy if the party makes gains in 2020 elections.

Unlike plans from Sens. Elizabeth Warren and Bernie Sanders, Wyden’s tax would go after investment income rather than total accumulated wealth or estates that are passed on from wealthy individuals to their heirs.

Wyden’s plan would tax the gains on long-term investments annually, rather than when someone decides to sell the asset, as is the case currently. It would also raise the current taxes on capital gains to match the rates on other types of income, such as salaries.

https://marketwatch.com/story/top-senate-democrat-proposes-tax-on-unrealized-gains-for-the-wealthy-2019-04-02

They polled college students and they overwhelmingly think this is a great idea. So that settles it.

APAG approves!!

oregonblitzkrieg

@allpurpleallgold
@TheKobeStopper

SFGbob

MikeDamone said:

oregonblitzkrieg said:

WASHINGTON—The top Democrat on the Senate’s tax-writing committee wants to tax long-term investments like other types of income, raising rates and requiring everyone to pay taxes on their unrealized gains each year.

The plan from Sen. Ron Wyden of Oregon is the latest proposal from Democrats in Congress and on the presidential-campaign trail to boost taxes on the wealthy in a bid to address what they view as the problems of economic inequality and provide a funding stream to pay for new programs. While the specific proposal has little chance to become law anytime soon, such ideas could carry over into policy if the party makes gains in 2020 elections.

Unlike plans from Sens. Elizabeth Warren and Bernie Sanders, Wyden’s tax would go after investment income rather than total accumulated wealth or estates that are passed on from wealthy individuals to their heirs.

Wyden’s plan would tax the gains on long-term investments annually, rather than when someone decides to sell the asset, as is the case currently. It would also raise the current taxes on capital gains to match the rates on other types of income, such as salaries.

https://marketwatch.com/story/top-senate-democrat-proposes-tax-on-unrealized-gains-for-the-wealthy-2019-04-02

They polled college students and they overwhelmingly think this is a great idea. So that settles it.

That's because they've been educated on how wonderful Communism is while you were busying being spoon-fed propaganda about gulags and mass starvation and re-education camps.

Pitchfork51

MikeDamone said:

oregonblitzkrieg said:

WASHINGTON—The top Democrat on the Senate’s tax-writing committee wants to tax long-term investments like other types of income, raising rates and requiring everyone to pay taxes on their unrealized gains each year.

The plan from Sen. Ron Wyden of Oregon is the latest proposal from Democrats in Congress and on the presidential-campaign trail to boost taxes on the wealthy in a bid to address what they view as the problems of economic inequality and provide a funding stream to pay for new programs. While the specific proposal has little chance to become law anytime soon, such ideas could carry over into policy if the party makes gains in 2020 elections.

Unlike plans from Sens. Elizabeth Warren and Bernie Sanders, Wyden’s tax would go after investment income rather than total accumulated wealth or estates that are passed on from wealthy individuals to their heirs.

Wyden’s plan would tax the gains on long-term investments annually, rather than when someone decides to sell the asset, as is the case currently. It would also raise the current taxes on capital gains to match the rates on other types of income, such as salaries.

https://marketwatch.com/story/top-senate-democrat-proposes-tax-on-unrealized-gains-for-the-wealthy-2019-04-02

They polled college students and they overwhelmingly think this is a great idea. So that settles it.

Case closed

Problem solved!!

oregonblitzkrieg

Pitchfork51 said:

MikeDamone said:

oregonblitzkrieg said:

WASHINGTON—The top Democrat on the Senate’s tax-writing committee wants to tax long-term investments like other types of income, raising rates and requiring everyone to pay taxes on their unrealized gains each year.

The plan from Sen. Ron Wyden of Oregon is the latest proposal from Democrats in Congress and on the presidential-campaign trail to boost taxes on the wealthy in a bid to address what they view as the problems of economic inequality and provide a funding stream to pay for new programs. While the specific proposal has little chance to become law anytime soon, such ideas could carry over into policy if the party makes gains in 2020 elections.

Unlike plans from Sens. Elizabeth Warren and Bernie Sanders, Wyden’s tax would go after investment income rather than total accumulated wealth or estates that are passed on from wealthy individuals to their heirs.

Wyden’s plan would tax the gains on long-term investments annually, rather than when someone decides to sell the asset, as is the case currently. It would also raise the current taxes on capital gains to match the rates on other types of income, such as salaries.

https://marketwatch.com/story/top-senate-democrat-proposes-tax-on-unrealized-gains-for-the-wealthy-2019-04-02

They polled college students and they overwhelmingly think this is a great idea. So that settles it.

Case closed

Problem solved!!

It worked when our players voted in Cristobal.

HHusky

I see the TugCons are all fired up about Communism again because someone floated a tax proposal. This is a silly place.

MikeDamone

HHusky said:

I see the TugCons are all fired up about Communism again because someone floated a tax proposal. This is a silly place.

Except the communism discussion started in a different thread. But good effort, good job.

SFGbob

HHusky said:

I see the TugCons are all fired up about Communism again because someone floated a tax proposal. This is a silly place.

Stage Direction:

Pettyfogger enters stage left with head planted firmly up his ass.

MikeDamone

I’m sure they will give it back if the investment turns into a loss....

HHusky

MikeDamone said:

HHusky said:

I see the TugCons are all fired up about Communism again because someone floated a tax proposal. This is a silly place.

Except the communism discussion started in a different thread. But good effort, good job.

It continued here, Madam.

Pitchfork51

MikeDamone said:

I’m sure they will give it back if the investment turns into a loss....

Investing is for the white patriarchy and must be abolished.


You know what religious economy doesn't allow investing?
The most feminist and equality based of all!

PurpleThrobber

Honest to god, the NW is fucked.

Oregon used to have Mark Hatfield and Washington had Scoop and Maggie.

Now it's fucking Ron Wyden and the two vaginas.

Fuck.

oregonblitzkrieg

PurpleThrobber said:

Honest to god, the NW is fucked.

Oregon used to have Mark Hatfield and Washington had Scoop and Maggie.

Now it's fucking Ron Wyden and the two vaginas.

Fuck.

Oregon tried to remove the piece of shit that is the current governor, but the GOP was too incompetent to get it done. Two separate recall petitions instead of one. Consequently, both got close but both failed to gather enough signatures. Doesn't take a rocket scientist to see that having two recall petitions circulating for the same purpose would confuse a lot of people, a lot of people ended up signing one and not the other. Makes me think one of the recall efforts was probably a fraudulent attempt by democrats to sow confusion and derail the effort.