“property tax was an unrealized gains tax”

Collin Rugg:

NEW: CNBC host Joe Kernen rolls his eyes and laughs after Harris’ economic advisor Bharat Rama tries arguing in favor of Harris’ unrealized capital gains tax.

Rama sat in silence as the hosts poked fun after he tried saying that property tax was an unrealized gains tax.

“It’s probably unconstitutional… it’s not income.”

“And it’s never gonna happen.”

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Vivek:

A tax on unrealized capital gains is a path to a market crash & potential Great Depression.

Madison’s well funded k-12 system and city government are seeking substantial 607M+ tax and spending increases via referendum this fall.