On Unrealized financial gains

Taxing Unrealized Gains Is a Bad Idea

Unrealized Gain Definition (investopedia.com)   "An unrealized gain occurs when the current market value of an asset exceeds its original purchase price or book value, but the asset has not been sold. It is sometimes called a "paper" gain, since it only exists as an accounting entry until it is realized. A paper loss is similarly an unrealized loss.

"An unrealized gain becomes realized once the position is ultimately sold for a profit. It is possible for an unrealized gain to be erased if the asset's value drops below the price at which it was bought.

Key Takeaways

• An unrealized gain is a theoretical profit that exists on paper, resulting from an investment that has not yet been sold for cash.
• Unrealized gains are recorded on financial statements differently depending on the type of security, whether they are held-for-trading, held-to-maturity, or available-for-sale.
• Gains do not affect taxes until the investment is sold and the gain is realized.
• If an investment is held for longer than a year, the profit is taxed at the capital gains tax rate.
• An unrealized loss is the opposite of an unrealized gain where an investment has decreased in value but has not yet been sold.

How an Unrealized Gain Works

"An unrealized gain occurs when the current price of a security is higher than the price the investor initially paid for the security, including any fees associated with the purchase. Many investors calculate the current value of their investment portfolios based on unrealized values. In general, capital gains are taxed only when they are sold and become realized.

Investors may choose to sit on unrealized gains for tax benefits. Most assets held for more than one year are taxed at the long-term capital gains tax rate, which is either 0%, 15%, or 20% depending on one's income.

Assets held for one year or less are taxed as ordinary income, with rates ranging from 10% to 37%.    Full article

Yes, Harris Plans to Institute 25% Tax on Unrealized Capital Gains — of Wealthiest Americans | Snopes.com       

What's True: "It's true Harris endorsed a plan to institute a 25% tax on unrealized capital gains. However …

What's False … "The plan specified that the tax would apply only to those with wealth exceeding $100 million — i.e., not the middle class. Given that it would therefore only affect the wealthiest 0.01% in the country, it is unlikely to cause an "economic calamity." While the Democratic National Convention took place in Chicago, Illinois, in August 2024, a rumor began to spread that the party's presidential nominee, U.S. Vice President Kamala Harris, had endorsed a 25% tax on unrealized capital gains (archived):" . . .

Given that this measure is only set to affect the wealthiest 0.01% of the population, however, it is unlikely to cause an "economic calamity." If it were to apply to people in the middle class, on their homes or their investments, it might, in fact, affect their purchasing power, their ability to plan for the future or their ability to own homes. As it stands, however, the measure is too limited in scope for that.   Full article...

 O'Leary: It's 'unprecedented' for Kamala Harris to do this - YouTube

Oct &: A modern pogrom through history’s lens

 The left is not just contemptible; it is murderous | Phyllis Chesler Organization

This suggests that there are no or very few “innocent” Gazans. These heavily indoctrinated Arabs are barbarians, and the Westerners who support them are not merely bystanders but collaborators. 

Also in the U.S. Iranians teach American sheep to shout with fury

. . ."I immediately knew that Oct. 7 was a pogrom, yet my understanding of what was unique about this particular Iranian-funded crime against the Jewish people and humanity overall has evolved in the months since the initial attack. As we approach the first anniversary of that horrific event, a number of items stand out.

First: Hamas terrorists recorded live video footage of their atrocities and released it on social media. They even sent it to the families of those who were tortured, raped, murdered or kidnapped.

Second: The attacks unleashed an ugly and increasingly ominous global firestorm that has cheered on Hamas’s sadism as “resistance” and condemned all Israeli civilians—be they Jewish, Christian, Muslim, Druze or Buddhist. It has also led to a seemingly unstoppable, propaganda-driven, worldwide siege against the Jews.

Third: The alleged “progressives” in the West, including the feminists who have, at the very least, paid lip service in vocalizing their opposition to the torture, gang rapes and murders of women, children and dissidents in countries like Afghanistan, Algeria, Bosnia, Iran, Nigeria, Rwanda and Sudan, have remained silent. They refuse to condemn Hamas’s brutality against women on Oct. 7 despite myriad video evidence of the atrocities.

Fourth: Many governments and international organizations keep demanding more and more proof of Hamas’s actions and continue to deny the Oct. 7 atrocities. Yet these same actors have not denied any other 21st-century genocides.

Fifth: More people now know that the raging, masked, keffiyeh-wearing demonstrators who have been flooding American and European cities and campuses since Oct. 7 have been bought and paid for by Russia, Iran, Arab oil money, and woke American philanthropists and foundations. It is also now clear that these same groups have been preparing for this moment for 60 years.

Sixth: As some have suggested, Hamas’s behavior on Oct. 7 seems to have been influenced by the most sadistic pornography, as well as by mood-altering drugs. This sadism rivals and may even exceed the horror of other pogroms or war zones.

Seventh: Many hundreds, perhaps thousands, of so-called civilians in Gaza joined in this “carnival of violence.” They surged into Israel right along with the armed paragliders and fiends on motorbikes. Just as some Palestinian Arabs celebrated Sept. 11 by cheering and handing out candies, so, too, did Gazan civilians happily, perhaps even joyfully, sit down, eat, drink and loot Israeli homes, even as Israelis were being tortured, raped and murdered in the next room or very nearby.

"This suggests that there are no or very few “innocent” Gazans. These heavily indoctrinated Arabs are barbarians, and the Westerners who support them are not merely bystanders but collaborators.

"I am now and forever an Oct. 8 Jew and an Oct. 8 American."

"Kamala Harris can’t repair her immigration record" Emily Jashinsky, "Unherd"

"Right now, the more people think about abortion, the worse it is for Republicans, and the more people think about immigration, the worse it is for Democrats. The theatre in Douglas may be well executed, but the stunt is poorly conceived no matter how it goes." . . .Julianna Frieman

‘Couldn’t Be Further From The Truth’: Border Patrol Union Slams Kamala Harris’s ‘Slap In The Face’ Border Visit | The Daily Caller   "The Border Patrol Union slammed Vice President Kamala Harris after she made a campaign stop Friday at the southern border for the first time as the Democratic presidential nominee.

"Harris traveled to Douglas, Arizona, including a stop along the border wall, which she previously called a “gross misuse of taxpayer mmoney which she would “block any funding for” when former President Donald Trump was in office. The vice president delivered remarks blaming Trump for the failed Senate bill proposing $48 billion to aid Ukraine in its war against Russia and nearly $16 billion to aid Israel in its conflict with Hamas in exchange for border security reforms."

. . ."The Border Patrol Union blasted Harris for ignoring the migrant crisis “she created for over three years” just to give a 20-minute speech and photo-op on the campaign trail.

“Vice President Harris has ignored the border problem she created for over three years. She goes down there for 20 minutes for a photo op and decides to repeat some of the things the NPBC has said before. But again, where has she been the last 3 ½ years?” the Border Patrol Union wrote on X (formerly known as Twitter)."   What about that, MSNBC?

Kamala Harris: Woman on the run - Silvio Canto, Jr. 

Second, V.P. Harris does not take questions from a friendly press.  I’m sure she would have gotten some questions about the aforementioned numbers aforementioned numbers.  Unfortunately, she waved goodbye to the reporters and moved on.  So we will never know how the V.P. feels about letting all of these criminals into the U.S.. . .

 The Harris Campaign Is Pure Run-Out-the-Clock Cynicism (Victor Davis Hanson)  She paints Trump as  racist with the help of Whoopi Goldberg and the cast of The View.

“Thank You Israel!” Brigitte Gabriel THANKS Israel for Eliminating Hezbollah’s Leadership

Remember when Lebanon was the crown jewel of the Mediterranean?   "Brigitte Gabriel delivers a powerful message of gratitude to Israel for eliminating the top leadership of Hezbollah, the most dangerous terrorist organization in the world. Gabriel highlights Hezbollah’s attacks on American interests and the group’s complete control over Lebanon. This victory, she says, brings hope to Lebanese people everywhere who dream of reclaiming their country from terror.

"Gabriel shares her personal experiences of a time when Israelis and Lebanese lived in harmony, traveling freely between the two nations. She recounts how Hezbollah destroyed that peace and prosperity, driving out Lebanon’s Christians and replacing innovation with terrorism. Gabriel calls on Lebanese leaders to seize this moment and make peace with Israel, pointing to successful peace deals in the region. "Gabriel urges all Lebanese influencers to unite and take their country back from Hezbollah. She emphasizes that now is the time to make history by bringing peace to Lebanon."

"Explore More on Israel-Hamas War with DaJobnik! Dive into exclusive insights and unique Israeli-themed merchandise. Your next discovery is just a click away. Visit Us Now! https://dajobnik.com/ ...#israel #israelhamaswar #hezbollah #lebanon #palestine #peace

Israel Stops Taking Counsel from the Angel of Death - Clarice Feldman

"The message in Lee Smith’s brilliant article in Tablet Magazine this week is that the U.S. must stop losing wars. We create and fund and staff our military to protect us and it’s time to do that:

. . ."If Washington and the Europeans are appalled by Israel’s campaign over the last two weeks, it’s because the Israelis have resurfaced the ugly truth that
no modish theories of war, international organizations, or even American presidents could long obscure. Wars are won by killing the enemy, above all, those who inspire their people to kill yours. Killing Nasrallah not only anchors Israel’s victory in Lebanon but reestablishes the old paradigm for any Western leaders who take seriously their duty to protect their countrymen and civilization: Kill your enemies." . . . 

‘Rotten media’: Douglas Murray blasts MSNBC after soft Kamala interview

Author Douglas Murray has blasted MSNBC over its exclusive interview with Vice President Kamala Harris. - YouTube

"Author Douglas Murray has blasted MSNBC over its exclusive interview with Vice President Kamala Harris. "Ms Harris sat down with MSNBC host Stephanie Ruhle for a wide-ranging interview where the Vice President stressed she would raise corporate taxes if elected. "Mr Murray said the interview showed why the Democrat nominee does not put herself in front of the media. " 'I just think this is this is an example of the fact that everyone should demand that any candidate for the most important office in the land has to be questioned,” Mr Murray told Sky News host Rita Panahi. " '“This is why they have to be questioned but of course she gets the light barely scratching the surface questions from a court journalist who is not there to question her but to help her. " ''That's just the rottenness in the media right there.”

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MSNBC's Fake News Finally Catches Up to It in Court - Judge Rules Hosts Made ‘Verifiably False' Statements  "MSNBC is learning the hard way what happens when they spread fake news only for the sake of blasting former President Donald Trump.

MSNBC's parent company NBCUniversal is going to trial after being sued for defamation by Dr. Mahendra Amin for $30 million.

"Amin worked as a gynecologist at a Georgia Immigration and Customs Enforcement facility, where he treated women being detained. Judge Lisa Godbey Wood of the Southern District of Georgia found in her ruling that Rachel Maddow, Nicolle Wallace and Chris Hayes made multiple "verifiably false" allegations about Amin.

"A nurse at the facility, Dawn Wooten, alleged Amin was performing "mass hysterectomies" and that he was known as the "uterus collector." The Washington Free Beacon reported her claims were based on hearsay and have been proven false.

"The discovery process of the lawsuit shows how MSNBC and NBC journalists and executives had concerns over the authenticity of Wooten's claims, but chose to move forward with their coverage anyway.

"NBCUniversal's deputy director of standards Chris Scholl said to Hayes in a conference call that Wooten "has no direct knowledge of this stuff "and that Amin "has a pretty clean record."

"While Hayes said he initially "discounted the whole thing," he interviewed Wooten on his show, titling the segment, "ICE whistleblower speaks out, alleges mass hysterectomies performed on migrant women."

"Maddow ran her own coverage of Amin on her show. "The nurse says she and her fellow nurses, quote, questioned among ourselves, like, goodness, he’s taking everybody’s stuff out, that’s his specialty, he’s the uterus collector … He’s taking all their uteruses out or he’s taking their tubes out." . . .