Re: Manchin gives Brandon the finger.........AGAIN

[P. Coonan]

On 29 Mar 2022, bigdog <geowri...@gmail.com> posted some
news:48c11fd7-f542-4fc8...@googlegroups.com:

> https://www.msn.com/en-us/money/markets/joe-manchin-swings-at-biden-s-b
> illionaire-tax-saying-the-super-rich-can-t-be-taxed-on-things-you-don-t
> -have/ar-AAVD2IA?ocid=msedgdhp&pc=U531&cvid=4f666e1a4e064863a2aa780a614
> 4b930
>
> No additional tax billionaires. No tax on unrealized capital gains,
> which is one of the most idiotic schemes the Democrats have ever come
> up with. You don't make money on stocks until you sell them. It
> doesn't matter what a stock is worth while you are holding it. Stock
> values can fluctuate wildly in the short term. A stock could double in
> value over the course of the year. Then by April 15 of the following
> year when the tax bill would be due, it could become worthless.
> Remember Enron? Yet the taxpayer would be on the hook to pay taxes on
> the amount the stock gained in value even though he actually lost
> money on the stock. Only a Democrat could come up with something that
> hairbrained. Fortunately, there is at least one Democrat to stop it.

Same Democrat tax word salad different day. It works on the ignorant who
get nothing every time.

Nobody with any brains sits on a pile of hard cash except drug dealers.

Tax lawyers are licking their chops and forecasting their own fortunes.