this post was submitted on 19 Sep 2024
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That has been the baseline since the beginning. If you aren’t worth 100million there is no reason you shouldn’t support this.
There is no beginning, Unrealized Gains taxes were enforced from the founding of this nation until the late 1960s when general properties taxes in the states shifted to no longer include intangible assets, and have been a hot topic the entire time.
If you're referring to the President's Budget plan announced bt Biden early this spring then thats fine. But they didn't mention it.
There's no reason to support it if you are worth that much.
Yeah the double negative in there