Recently there has been a scramble in congress to make it look like they have figured out a way to fund the trillions of dollars they are planning on spending. One proposed solution is to implement a wealth tax where they tax unrealized gains. The problems with this solution include legality, practicality, and the results. But the real problem is where it would inevitably lead. Join Me at Market Disruptors Live in November!https://go.1markmoss.com/josephMy Courses and Guides🍎🍎💰My Options Course (Beginners) https://gum.co/yvRjw💵My Options Course (Advanced) https://gum.co/CIqDW🔑My Ultimate Guide on How to Buy Gold https://gum.co/DUkCt📝My Weekly Newsletter https://heresyfinancial.curated.co Gold and Silver🔥🔥📱Buy Gold/Silver Bullion https://bit.ly/2WoJHDC🔒Store Allocated Gold/Silver (Get $5) https://bit.ly/3mS6dNo 🪙Gold/Silver IRA (Get 1st Month Free) https://bit.ly/gldbtc Bitcoin 💎💎🔐Best Bitcoin IRA (Get 1st Month Free) https://bit.ly/gldbtc 🦢Best Place to Buy Bitcoin (Get $10 BTC) http://bit.ly/swnhrsy 🏪Best Bitcoin Exchange https://r.kraken.com/e3aej 📟Best Bitcoin Wallet http://bit.ly/ldgrwlt Stocks💰💰💹Best charts (Get $30) http://bit.ly/tvchrts 📈Best all-around https://bit.ly/3zFGSO2📊Best auto investing https://m1finance.8bxp97.net/QOKA3P 📉Best margin rates https://bit.ly/2XU4sIn Invest in Startups (not publicly traded) 💵 💵📊Republic https://republic.co 🌱SeedInvest https://www.seedinvest.com 👼Angel List https://angel.co/invest/start Real Estate 🚀🚀🏠Single-Family Rentals https://roofstock.3k3q.net/XJX24 🏚Borrow for RE Development https://groundfloor-finance.sjv.io/mgRRvy 🏡 Invest in High-Yield RE Debt https://groundfloor-finance.sjv.io/mgRRvy 🏘RE Portfolio Investing https://fundrise.sjv.io/Ygg2NO Misc ⚖️⚖️🪜Life Insurance https://bit.ly/3qccFBB 🏥Short-Term Health Insurance https://bit.ly/3vFfgVZ 🎓College Savings Plan https://bit.ly/3iRaCRL 📖Book Insights and Summaries https://blinkist.o6eiov.net/b3azYg 💻Learn to Code https://lambda-school.sjv.io/kjOPAz 🍎Skillshare https://skillshare.eqcm.net/0JY1WM 🏦 Small Business Bank Account https://banknovo.grsm.io/g8joyyssljl3 My Trading/Investing Gear🛠🛠🖥Thunderbolt Monitor https://amzn.to/3xwbqji 💻M1 MacBook Pro https://amzn.to/3iR3gxB 📶Best WiFi Router https://amzn.to/3gIIoG9 🔊Speakers https://amzn.to/35vEM58 📲M1 iPad Pro 12.9inch https://amzn.to/2TGb1w7 ⌨️iPad Magic Keyboard https://amzn.to/3zAIN6f ✏️Apple Pencil https://amzn.to/3zyHu7S 📚Incerto https://amzn.to/3mO57VX Support the Channel💪🏼💪🏼💸Patreon https://www.patreon.com/heresyfinancial ☕️Merch https://heresy-financial.creator-spring.com 🤝Join as Member http://bit.ly/joinhrsy I am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit for Heresy Financial.#wealthtax #unrealizedgains #taxes - News - 607Phillip

Get Ready for Taxes on Unrealized Gains

Get Ready for Taxes on Unrealized Gains

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Recently there has been a scramble in congress to make it look like they have figured out a way to fund the trillions of dollars they are planning on spending. One proposed solution is to implement a wealth tax where they tax unrealized gains. The problems with this solution include legality, practicality, and the results. But the real problem is where it would inevitably lead.

Join Me at Market Disruptors Live in November!
https://go.1markmoss.com/joseph

My Courses and Guides🍎🍎
💰My Options Course (Beginners) https://gum.co/yvRjw
💵My Options Course (Advanced) https://gum.co/CIqDW
🔑My Ultimate Guide on How to Buy Gold https://gum.co/DUkCt
📝My Weekly Newsletter https://heresyfinancial.curated.co

Gold and Silver🔥🔥
📱Buy Gold/Silver Bullion https://bit.ly/2WoJHDC
🔒Store Allocated Gold/Silver (Get $5) https://bit.ly/3mS6dNo
🪙Gold/Silver IRA (Get 1st Month Free) https://bit.ly/gldbtc

Bitcoin 💎💎
🔐Best Bitcoin IRA (Get 1st Month Free) https://bit.ly/gldbtc
🦢Best Place to Buy Bitcoin (Get $10 BTC) http://bit.ly/swnhrsy
🏪Best Bitcoin Exchange https://r.kraken.com/e3aej
📟Best Bitcoin Wallet http://bit.ly/ldgrwlt

Stocks💰💰
💹Best charts (Get $30) http://bit.ly/tvchrts
📈Best all-around https://bit.ly/3zFGSO2
📊Best auto investing https://m1finance.8bxp97.net/QOKA3P
📉Best margin rates https://bit.ly/2XU4sIn

Invest in Startups (not publicly traded) 💵 💵
📊Republic https://republic.co
🌱SeedInvest https://www.seedinvest.com
👼Angel List https://angel.co/invest/start

Real Estate 🚀🚀
🏠Single-Family Rentals https://roofstock.3k3q.net/XJX24
🏚Borrow for RE Development https://groundfloor-finance.sjv.io/mgRRvy
🏡 Invest in High-Yield RE Debt https://groundfloor-finance.sjv.io/mgRRvy
🏘RE Portfolio Investing https://fundrise.sjv.io/Ygg2NO

Misc ⚖️⚖️
🪜Life Insurance https://bit.ly/3qccFBB
🏥Short-Term Health Insurance https://bit.ly/3vFfgVZ
🎓College Savings Plan https://bit.ly/3iRaCRL
📖Book Insights and Summaries https://blinkist.o6eiov.net/b3azYg
💻Learn to Code https://lambda-school.sjv.io/kjOPAz
🍎Skillshare https://skillshare.eqcm.net/0JY1WM
🏦 Small Business Bank Account https://banknovo.grsm.io/g8joyyssljl3

My Trading/Investing Gear🛠🛠
🖥Thunderbolt Monitor https://amzn.to/3xwbqji
💻M1 MacBook Pro https://amzn.to/3iR3gxB
📶Best WiFi Router https://amzn.to/3gIIoG9
🔊Speakers https://amzn.to/35vEM58
📲M1 iPad Pro 12.9inch https://amzn.to/2TGb1w7
⌨️iPad Magic Keyboard https://amzn.to/3zAIN6f
✏️Apple Pencil https://amzn.to/3zyHu7S
📚Incerto https://amzn.to/3mO57VX

Support the Channel💪🏼💪🏼
💸Patreon https://www.patreon.com/heresyfinancial
☕️Merch https://heresy-financial.creator-spring.com
🤝Join as Member http://bit.ly/joinhrsy

I am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit for Heresy Financial.

#wealthtax #unrealizedgains #taxes

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