Most people who have heard of Kamala Harris' plan to tax unrealized capital gains were not told about the scope of the proposal.
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Most people who have heard of Kamala Harris' plan to tax unrealized capital gains were not told about the scope of the proposal.
Harris plans to tax unrealized stock gains — but only for people worth $100 million
Vice President Kamala Harris' endorsement of a Biden administration plan that includes a tax on stock holdings that have grown in value has emerged in recent weeks as a talking point among conservative pundits and Trump supporters who argue it amounts to socialism or even communism.
NBC News (www.nbcnews.com)
They don't know it only applies to people worth over $100 million.
They don't know it wouldn't apply to real estate at all.
I've listened to many conversations about how bad it would screw over first time homebuyers... based on the media's lies through omission.
Emphasize these details when you discuss them. Remind people of those conditions, and that it's not a tax that will hurt poor or middle class Americans.