Let's clear up the misinformation about a tax on unrealized capital gains.The plan Kamala Harris endorsed only applies to people with $100 million+ in wealth who do not pay at least a 25% tax rate on their income. Is that you? No? Then you will not be affected.

If these three characters don't mean anything to you... FU$ ...you're not rich enough for it to affect you.

But it *could* be me in my wildest dreams, therefore I oppose this plan even though it will materially help me.

It's simpler than that. Any borrowing collateralized by personal wealth or assets under personal control, or unsecured lending, over $1M per year, gets taxed just like income ....

It will affect the orange convict, and the tech bros who will do anything to not pay it.

👍🙏

Over $100 million in wealth? Pretty sure I'm safe, but will check under the mattress, in the old coffee can, and behind the Big Lots print of the Amalfi Coast tomorrow, just to be sure. 😉

Or, more accurately, are you Elon Musk or Peter Thiel? If I’m not mistaken, nearly all of Thiel’s net worth is in the form of untaxed accumulated gains.