ilmscore | Prediction Details
"third a 25% wealth tax even on assets that you haven't sold and for those unfamiliar here's how it'll work and why this is such a big deal as they say and I'm quoting from their website billionaires make their money in ways that are often taxed at lower rates than ordinary wage income or sometimes not taxed at all thanks to Giant loopholes and tax preferences that disproportionately benefit the wealthiest taxpayers but here's the thing when you look at this objectively the problem is that this only applies if you were to tax unrealized capital gains which at best means it's unprecedented and at worst it's unconstitutional"
By Graham Stephan | May 8, 2024 | Pending
From video
My Thoughts On Paying Higher Taxes | Kamala Harris Tax Plan 00:08:02 - 00:08:42
Interpreted Prediction
A controversial proposal suggests a 25% wealth tax on unrealized capital gains for assets over $100 million, which the speaker considers unprecedented and potentially unconstitutional.

Prediction Details

Topic
Wealth Tax

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