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If the government is going to tax people on income they never had, solely based on the fact stocks may or may not have gone up in value, will the government also issue refunds if they go down in value? Probably not, but that won’t stop Comrade Kamala from trying the former.

CNBC host Joe Kernen was not having it when one of Kamala’s economic advisors tried to pathetically claim that the government has the right to arbitrarily demand money from you that you may never even have.

The reason why tax collectors were so hated during biblical times is because they were traitors who extorted money from the masses to solely enrich the government. There is no difference today, as the only one who would really benefit from this proposal is the government.

"This reaction to unrealized gains is a little funny,” Bharat Rama pathetical claimed.

Why do Kamala and her staff think everything is funny no matter how evil it is?

Oh, you don’t like the government extorting you? “That’s funny” or in cackling Kamala’s case, she’ll break out in maniacal laughter.

Rama tried to argue that unrealized capital gains taxes are simply the same as “property tax,” which is absolutely not true. It also does not make sense because as the CNBC host said, when someone sells the stock they already pay taxes.

Rama claims that the government extorting the public will create “opportunity,” which is a pretty rich lie considering all the “opportunities” or jobs the Harris-Biden administration claims to have created were a fraud. There has also never been a time where taxes have created opportunity, and it’s about time these communists stopped feeling so comfortable that they can claim this with a straight face. These people should be horrified to make such asinine claims, yet they are ecstatic.

According to the Cato Institute:

The Harris plan includes a new minimum tax of 25 percent on traditional income and unrealized capital gains for taxpayers with more than $100 million in total wealth. While ostensibly limited by a high net-worth threshold, such a tax would be economically destructive and administratively unworkable—not to mention unconstitutional.

What’s wrong with taxing unrealized gains? The core problem with taxing unrealized gains is that there is not actually anything to tax until the asset is sold for a profit. For example, if I purchase a house for $400,000 and it appreciates by $50,000 the following year—an unrealized gains tax at 25 percent would mean I owe the government $12,500, regardless of whether I sell the house or have the cash on hand to pay the bill.

If you don’t have the cash, such a system would force you to sell your home or take out a loan to pay the government. Levying a tax on someone’s projected future income before they have full claim to it themselves also raises deeper questions about individual property rights, financial privacy, and due process.

What about foreign investors? They don’t have to pay income tax in the US. So once again, the government is benefiting foreign interests while destroying economic prosperity in the United States.

We literally have a Constitution to protect us from things like this but clearly, that won’t get in Hyena Harris’s way.

Harris’s proposal to tax unrealized gains may appear to target only the wealthiest Americans, but it sets a dangerous precedent that would pave the way for even more aggressive and economically damaging tax increases. This tax is not just an attack on the wealthy; it’s an assault on investment, innovation, and economic growth, risking widespread economic damage that will be felt across the entire economy. And it is just the tip of the iceberg—it’s one of more than 90 proposed tax increases and other changes that target the engine of American prosperity.

Taxing income is already a tyrannical move that was never intended to be a thing. But this goes beyond that, as it’s a passive-aggressive move on American prosperity and should “never happen.”

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