Landon Brands
@landonbrands
I help people, nonprofits and companies tell their stories thru impactful videos.
Maker. Believer. Make-Believer.
ID: 2369953771
http://landonbrands.com 03-03-2014 06:12:31
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Taxing unrealized gains is insane. If you own a $400k house, it appreciated in value to $600k the last year, you could owe $60-100k in taxes. Imagine having to sell the house you worked so hard for to pay the taxes because politicians shut down your economy and printed trillions
Richard Ryan The house did not appreciate the value of dollar was eroded through inflation of the money supply. They want to tax you to make sure you cannot preserve any value buying hard assets. In other words Inflation is a tax they want to make sure you can't avoid the inflation tax.