Democratic nominee Vice President Kamala Harris is proposing a number of policies which could send the American economy off a cliff.
However this one, is apparently too insane for even far-left CNBC to co-sign!
Harris is proposing a 25% MINIMUM tax on unrealized capital gains.
A policy like this would, for example, force home owners to pay $25,000 in taxes if the price of their home appreciates by $100,000 – even though they haven’t actually gotten the money for those gains.
It’s not hard to imagine how a policy like this could be absolutely catastrophic for the average American family who doesn’t exactly have a bunch of extra cash lying around for the IRS these days.
This proposal is 100% communist and aims to give the government even MORE access to the money that Americans work hard to produce.
Harris’ economic advisor Bharat Ramamurti went on CNBC to defend the radical tax proposal and said that it was funny that Americans are so opposed to it.
This was his response after one CNBC host said, “taxing UNREALIZED gains just doesn’t seem fair in any sense…”
Ramamurti went on to try and rationalize the communist tax by making a reference that just proved he – and the entire Harris team – have no idea what the hell they’re talking about!
Watch the video here to see the CNBC talking heads roll their eyes as one of Kamala’s “brilliant” advisers tries defending her communist economic plans.
CNBC: “Taxing UNREALIZED gains just doesn’t seem fair in any sense…”
Harris economic advisor Bharat Ramamurti: “This reaction to unrealized gains is a little funny.”
(Kamala’s 25% minimum tax on unrealized capital gains is just one of the trillions in tax hikes she supports) pic.twitter.com/jnGNK23ST0
— RNC Research (@RNCResearch) August 28, 2024
