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@9TRLW9JAnswersthe EconomyUnrealized Gains Tax1yr ago

The value of an asset is based on what someone is willing to pay for it. If the item has not sold then there is only speculation on the value. It’s not fair to tax anyone on someone else’s speculation of value.

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 @9LF6MD2Independent from Maryland  commented…10mos10MO

Property tax should be abolished with this reasoning. Also renters do not pay property tax as property is an asset just as stocks are. Some states only tax on income, some states only tax on property, some tax on both.

How the tax code is written does seem fair. The issue is the compensation CEOs are paid compared to the workers of the company is unfair. There should be an indexed compensation implemented to restrict the compensation from the lowest paid worker all the way up the chain. Something does need to be done. People talk about taxes fixing the issue but maybe it should be compensation ratio to entire workforce of the individual company. The more successful the company the more successful everyone working for the company.

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 @ISIDEWITH submitted…11mos11MO

Trump’s Doom vs. Harris’s Hope as America Decides Its Fate

Donald J. Trump and Kamala Harris closed out their campaigns in the final hours before Election Day in starkly different moods: The former president, often appearing drained at arenas that were not filled, claimed that the country was on the brink of ruin, while the vice president promised a more united future as energized supporters chanted alongside her, “We’re not going back.”In stop after stop, the presidential rivals essentially offered up two competing versions of reality on Monday and into early Tuesday. Mr. Trump repeatedly raised the specter of unchecked immigration and the dangers of Democratic policies as he spoke to crowds in North Carolina and Pennsylvania before closing with a midnight rally in Michigan.With a comparatively more optimistic message, Ms. Harris crisscrossed Pennsylvania, which holds 19 electoral votes that could decide the race. Stopping in Scranton, Allentown and Pittsburgh before a nighttime rally in Philadelphia, Ms. Harris talked about bolstering the economy and restoring federal abortion rights. She asserted that Americans were “exhausted” and ready to move on from the politics of the past decade.About 30 miles to the southwest, Mr. Trump was in Reading, Pa., broadly portraying undocumented immigrants as mentally ill criminals and calling those accused of crimes “savages” and “animals.”Both leaned on Hispanic supporters as they tried to rally Latino voters. The pro-Harris rapper Fat Joe, who is Puerto Rican, practically shamed his fellow Latinos in Allentown as he asked, “Where’s your pride?” Mr. Trump, still facing fallout from his rally in New York at which a comedian called Puerto Rico a “floating island of garbage,” brought Roberto Clemente Jr., the son of the Puerto Rican baseball legend, to the stage at a rally in Pittsburgh.But Mr. Trump, reaching the end of a grueling marathon of a campaign that began in 2022, looked visibly weary, battling fatigue in front of listless crowds, though he was relatively more upbeat and energized in Michigan. Ms. Harris, still appearing fresh after a three-month sprint, appealed for unity and pressed the contrast to her rival without uttering his name.“The measure of a true leader is based not on who you beat down,” she said. “It is based on who you lift up.”Despite the sharply different tones, polls suggest the race remains tight, with the final New York Times/Siena College surveys showing the candidates tied or holding only narrow leads in all of the seven battleground states.

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