Silicon Valley was burning up the socials this week, after learning that Kamala Harris has tacitly endorsed a tax on unrealized capital gains. Lots of what was shared was inaccurate.
What they meant by that was that people sharing the tax plan were posting inaccurate information on social media.
As far as I understood the article, it is taxing unrealised capital gains, but you have to be very rich and have a substantial portion of your wealth in unrealised capital gains. It feels targeted as people like Elon Musk.
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What they meant by that was that people sharing the tax plan were posting inaccurate information on social media.
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No, I’m pointing out that you’re wrong in what you thought the article was trying to state. You misread it. It’s alright.
As far as I understood the article, it is taxing unrealised capital gains, but you have to be very rich and have a substantial portion of your wealth in unrealised capital gains. It feels targeted as people like Elon Musk.
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