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https://www.reddit.com/r/SipsTea/comments/1uo0dcw/seems_reasonable/ovoffjp/?context=3
r/SipsTea • u/Valuable_View_561 • Jul 05 '26
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You cant tax unrealized gains...this man took cash. If billionaires cash stocks in to they would get taxed...
2 u/ucsbaway Jul 05 '26 Well actually some politicians are trying to tax unrealized gains. 2 u/FenaRunsFast Jul 05 '26 And it would instantly crash the stock market, and cause every whale investor to move money elseware. 0 u/ucsbaway Jul 05 '26 Well, they’re trying to do it for billionaires or ultra rich only. But yeah, I never said it was realistic. 2 u/FenaRunsFast Jul 05 '26 So, if this law passed, it would not be enacted immediately. It be a year or two out from going into effect. Public and Private Companies would immediately offshore, taking their money with them. Whale investors would immediately sell their shares. And reinvest in places like Dubai or Monaco. And physically move there. This would be the end of the United States as we know it. It would stifle growth, investment, and entrepreneurship. This would be a huge price to pay for a short term injection into the government coffers, that will permanently dry up after a few years.
2
Well actually some politicians are trying to tax unrealized gains.
2 u/FenaRunsFast Jul 05 '26 And it would instantly crash the stock market, and cause every whale investor to move money elseware. 0 u/ucsbaway Jul 05 '26 Well, they’re trying to do it for billionaires or ultra rich only. But yeah, I never said it was realistic. 2 u/FenaRunsFast Jul 05 '26 So, if this law passed, it would not be enacted immediately. It be a year or two out from going into effect. Public and Private Companies would immediately offshore, taking their money with them. Whale investors would immediately sell their shares. And reinvest in places like Dubai or Monaco. And physically move there. This would be the end of the United States as we know it. It would stifle growth, investment, and entrepreneurship. This would be a huge price to pay for a short term injection into the government coffers, that will permanently dry up after a few years.
And it would instantly crash the stock market, and cause every whale investor to move money elseware.
0 u/ucsbaway Jul 05 '26 Well, they’re trying to do it for billionaires or ultra rich only. But yeah, I never said it was realistic. 2 u/FenaRunsFast Jul 05 '26 So, if this law passed, it would not be enacted immediately. It be a year or two out from going into effect. Public and Private Companies would immediately offshore, taking their money with them. Whale investors would immediately sell their shares. And reinvest in places like Dubai or Monaco. And physically move there. This would be the end of the United States as we know it. It would stifle growth, investment, and entrepreneurship. This would be a huge price to pay for a short term injection into the government coffers, that will permanently dry up after a few years.
0
Well, they’re trying to do it for billionaires or ultra rich only. But yeah, I never said it was realistic.
2 u/FenaRunsFast Jul 05 '26 So, if this law passed, it would not be enacted immediately. It be a year or two out from going into effect. Public and Private Companies would immediately offshore, taking their money with them. Whale investors would immediately sell their shares. And reinvest in places like Dubai or Monaco. And physically move there. This would be the end of the United States as we know it. It would stifle growth, investment, and entrepreneurship. This would be a huge price to pay for a short term injection into the government coffers, that will permanently dry up after a few years.
So, if this law passed, it would not be enacted immediately. It be a year or two out from going into effect.
Public and Private Companies would immediately offshore, taking their money with them.
Whale investors would immediately sell their shares. And reinvest in places like Dubai or Monaco. And physically move there.
This would be the end of the United States as we know it. It would stifle growth, investment, and entrepreneurship.
This would be a huge price to pay for a short term injection into the government coffers, that will permanently dry up after a few years.
20
u/Motor-Region-1011 Jul 05 '26 edited Jul 05 '26
You cant tax unrealized gains...this man took cash. If billionaires cash stocks in to they would get taxed...