Tax on unrealized gains

[CosmicCowboy]

whatcha think?

Sounds pretty uncons utional to me.

[CosmicCowboy]

16th amendment

The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.

[spurraider21]

i dont think its good policy, uncons utional or not

[CosmicCowboy]

Wow, crickets. I figured Chump, RG and Winehole would be all over ing the rich guys, cons utional or not.

[hater]

whatcha think?

Sounds pretty uncons utional to me.

Tax it

[Adam Lambert]

Not sure it's unconsi utional but I'd rather raise taxes substantially on realized gains.

[spurraider21]

Wow, crickets. I figured Chump, RG and Winehole would be all over ing the rich guys, cons utional or not.

i think there are much better ways to them over than taxing unrealized gains

[Adam Lambert]

I don't believe in "punitive" taxation (though I also believe that's a term that's often wrongly applied to progressive taxes/brackets).

I do think we can use taxation to stabilize volatility in the market to close the benefit gap between passive retirement investors and active daytraders/robotraders. Like, would anyone, anywhere, be dissuaded from their normal stock trading activity if we added a 1% tax on all stock trades?

[spurraider21]

I don't believe in "punitive" taxation (though I also believe that's a term that's often wrongly applied to progressive taxes/brackets).

I do think we can use taxation to stabilize volatility in the market to close the benefit gap between passive retirement investors and active daytraders/robotraders. Like, would anyone, anywhere, be dissuaded from their normal stock trading activity if we added a 1% tax on all stock trades?

sorry. if you added a 1% tax i would just keep all my cash in my mattress from now on

[Adam Lambert]

make it 0.1%. I don't know what the right number is but it sure as isn't zero.

[DMC]

As long as it's someone makes more than me, tax them 110% even on their already taxed holdings. them, that's what they get for being financially savvy. If I get to that level, then by all means stop that crazy .

[ElNono]

As long as it's someone makes more than me, tax them 110% even on their already taxed holdings. them, that's what they get for being financially savvy. If I get to that level, then by all means stop that crazy .

I'll just move to Canada... worst that can happen is I have to listen to Nickelback...

[DMC]

I'll just move to Canada... worst that can happen is I have to listen to Nickelback...

And live with this

[spurraider21]

As long as it's someone makes more than me, tax them 110% even on their already taxed holdings. them, that's what they get for being financially savvy. If I get to that level, then by all means stop that crazy .

[ElNono]

And live with this

I mean...

[Ef-man]

make it 0.1%. I don't know what the right number is but it sure as isn't zero.

Tax the out of CEOs getting stock options as bonus or pay.

[spurraider21]

I mean...

my favorite is one with Richard Dawson during fast money. he asked during which month does a woman's pregnancy start to show and the contestant said "september" and he completely lost it and couldnt stop laughing for a few minutes

[Thread]

Pie-in-the-skyPERIOD

[DMX7]

Wow, crickets. I figured Chump, RG and Winehole would be all over ing the rich guys, cons utional or not.

I think it's absolutely cons utional. I'm not sure how it couldn't be. I'm not sure it's good policy.

[boutons_deux]

Not sure it's unconsi utional but I'd rather raise taxes substantially on realized gains.

all income, earned/unearned, subject to all the payroll taxes

Crypto coin miners are taxed on the coins they mine, even if not converted to fiat money and pocketed.

If earn an LTC coin today at $100, then in two weeks I mine an LTC coin at $200, but keep them in my crypto wallet???

gonna be a fricking nightmare to log the coins earned and their price the day earned.

[Will Hunting]

I’d rather substantially raise the existing cap gains tax and raise the estate tax back to 1970s levels.

[CosmicCowboy]

I think it's absolutely cons utional. I'm not sure how it couldn't be. I'm not sure it's good policy.

16th Amendment

The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.

Unrealized capital gains are not income

[Trill Clinton]

I'd quite trading if they did that.

[CosmicCowboy]

The plan apparently is to go ahead and try to "tax the super rich" while getting the other spending passed, then when it doesn't pass muster at the supreme court, they will still get the spending they wanted.

[MultiTroll]

Move it offshore if this scam passes.