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Bad news for stock and property owners under Harris


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Posted

I'm understanding this to mean you have to pay taxes every year on stocks and things like farms that go up in value.   Rather than when you sell them.  Some people won't be able to pay each year and there will be a massive sell off.

@Neighbor

 

 


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Posted

Capital Gains tax on unrealized capital gains has been a  theme and goal under Joe Biden and is also a theme of California's Gov. Newsome.  It is a massive take over of all businesses and residences scheme by the elite worldwide through governments. You will own nothing and you WILL be Happy. 

 The adverse affects of government(s)  upon individual business entities  is not new. I got zapped pretty hard by President Ronald Reagan  when he got IRS codes changed back in 1985. That sudden  and unexpected change severely and adversely impacted my  long range plan and all my  business projections regarding residential rental property.

Doesn't much matter which  party of the duopoly, the goal  is the same by both. The plan its strategy and tactics  date back to at least 1915-1921, to take all that is  or will be and place it all  under the control of  an elite and then force justification  of one's existence by the productivity of one's own efforts for the benefit of the elite. No benefit to the elite - no further existence this side of the grass.

That most of us are a "bucket of deporables" is a very real mindset  and philosophy of the elite. It was not just a punch line for Hillary Rodham-Clinton.

Our hope is in the name of the Lord! ( and of course RFK Jr.)

 

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Posted
8 hours ago, Debp said:

I'm understanding this to mean you have to pay taxes every year on stocks and things like farms that go up in value. 

The whole world, and not just the USA, has gone nutso;  that is why Christians, born again Christians, are so fortunate as to have been called by the Holy Spirit  to be turned about to worship of our Lord and savior Jesus. For hope is certain  in Jesus.

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Posted

BTW: 

 

Dear *******,

Independent Presidential Candidate Robert F. Kennedy Jr. will address the nation live on Friday about the present historical moment and his path forward. LEARN MORE

We deeply value your support and encourage you to watch this important event.

Date: Friday, August 23rd, 2024

Time: 2:00 PM ET / 11:00 AM PT

Location: The event will be live-streamed on X and other social channels.

 

Personal note ( Speculation) I suspect this announcement will include a plan  for changing California. A plan  for going  into the 2026 Statewide elections, with the thought that California is the key for changing the direction of the whole USA!

The key  of course is found within our Bible, by us individually reading, thinking, and praying upon it's word.  Something RFK Jr. is quite familiar with doing.

Could be a most interesting 2 PM reveal, if it includes such a plan of action. Otherwise it will likely be a reveal of the DNC's work in trying to keep Kennedy off the ballots  of all States, along with the lesser effort by the RNC to do the same thing; and the decision  to stay in and form a new party hoping to get 5% of the vote with the States that are going to have him on the ballot so that the new party will not have to petition State by State come 2026 and 2028 elections. etc. etc..

p.s.- Might it also be a dropping out of the present Presidential election because of the extreme threat of Harris? Yes it could, but I do hope that is not the case- however money talks as it takes massive amounts of money to fight back in the USA courts to retain  the place won  through petitions to be on the ballots.

In any case I do believe there will be an immediate strategy get onto changing California, starting  a party there, running  a slate of candidates for 2026.

 

 

 


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Posted
11 hours ago, Debp said:

I'm understanding this to mean you have to pay taxes every year on stocks and things like farms that go up in value.   Rather than when you sell them.  Some people won't be able to pay each year and there will be a massive sell off.

@Neighbor

 

 

Hi yet again. I might add that  the Stock market Indices have zoomed upward by a full 33.3% since Biden  took office ( Not bad!), in spite of his stated goal of taxing unrealized capital gains! Go figure that one out. I can't.

I can only ride on the train that is on the tracks. If it derails it derails, but in the meantime I'll place an order at the dining car and enjoy the scenic views confident in what is eternal, the hope certain that is my Lord and savior Jesus.

P.S. Ha, somehow a  lyric started rattling around in my head as I thought of how there is no freedom long as one is placing their hopes and dreams on the stuff in life that is all going to burn away. Hope comes in the knowing of - and then there will be a new heaven and a new earth....

Oh the lyric"  ...Freedom's just another word for nothing else to lose....

 

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