Alright, so I hear that Kamala Harris mentioned her intention to increase capital gains tax as well as express her support for unrealised gains tax for the richest, which sparked a lot of controversies resulting in a drop in poll ratings:
https://thehill.com/opinion/finance/4859946-vice-president-kamala-harris-tax/I know there might be a lot of people here who think the "normal" taxation is already a theft, but taxing people on unrealised gains is a next-level evil. Anyone who supports this should be banned from politics for life.
But yeah, that's surely a good news for Trump.
I read a bit about that on social media and I thought it was some kind of political joke or rumor being pushed by Trump's team, but it seems to be actually an idea within the mind of Kamala to tax the rich on money they have not even gotten their hands on.
That is going surely to help Trump to further push the idea Kamala Harris is some kind of unhinged communist who is seeking to undermine the American way of life.
Granted, even if we talk about the rich people (who already have enough money to live the rest of their life with comfort) it is still quite uncomfortable to even allow to pass the idea on that kind of taxation into law...
The worst of it is how the administration of Kamala Harris could be planning to enforce this those kinds of laws/economical measures on the American population from now on. Would not be necessary to keep surveillance up 24/7 on the rich and track each one of their investments in real time for the state to know whether they are avoiding taxes or not?
Besides being a measure which punishes investors, it also sounds like a good excuse to implement perpetual surveillance on the people's finances.
They could first start with the rich, as they are a minority in the country, then move onto the middle class and then to anyone who holds a bank account...
Bad timing for Kamala to actually go radical on economics.