They wanted to tax unrealised gains, and their plans weren’t indexed so every year the lower classes would get closer and closer to being affected. Thank god it didn’t go through. Taxing unrealised gains is one of the dumbest things anyone has ever suggested.
They wanted to tax unrealised gains, and their plans weren’t indexed so every year the lower classes would get closer and closer to being affected. Thank god it didn’t go through. Taxing unrealised gains is one of the dumbest things anyone has ever suggested.