--64.246.xxx.xx

Ya but they can’t even define what a woman is, so who determines the value of all these different assets? --24.152.xxx.xx

just pandering to the far left for votes,they are scared. --74.77.xx.xx

It would take a constitutional amendment. Currently the government has the power to tax income not assets. --98.34.xx.xxx

Marv, do you think they care? Or do you think many people in this country wouldd tell them no if they were told to pay those taxes? I’m guessing no & no. --24.152.xxx.xx

It's not much money but it does tick me off. --107.147.xx.xx

The thought of this happening, creates nightmares for me. I can't believe you can be taxed on unrealized gains. It makes no sense to me and hope to goodness it doesn't happen. --64.184.xx.xx

Boston Tea Party Time? --76.129.xxx.xx

--184.4.xx.xx

It's not a great idea to rely upon other countries to feed us. --76.178.xxx.xxx

I agree with Sid, if this ever came to pass, I would do what I had to to avoid it. Number one would be hiring corrupt appraisers. --174.240.xxx.xx

Good time to be selling advertisements. Anyone on here own billboards? --174.228.xxx.xxx

We (at least where I live) are already taxed on vehicles, RV's, Boats, and Land/real estate owned. --68.229.xxx.xxx

Another year of the federal Liberals in Canada where they changed the capital gains from 50 per cent to 67 per cent which is going to decrease investment like what happened in California. Next year in October they are going to voted where now many ministers are retiring as do not want to on a sinking ship more than likely every by election the Progressive Conservatives win another seat. Where the Liberals lost a safe seat in Toronto which they should have held. A lot of politicians say tax the rich where most have offshore investments. It sounds great but in reality most of he election promises end the day after the election. Ever ask who is funding them where you know they can not move to the left. --216.110.xxx.xxx

I looked and cannot find a reference to what you describe as a tax on future assets. Closest thing I found was a transactional tax on stock, bond and derivative, etc purchases and letting the bonus depreciation expire for houses. There is one bone headed idea to provide renters a credit if their rent is over 150% of the determined rate in their area. --172.59.xxx.xx

DJ, my stepson and his wife are in Chester VA,they got a tax of about $800 each for there cars last year, i told him i would be driving a $5000 truck but they dont listen to me --74.77.xx.xx

In Illinois we used to have a personal property tax but I think it turned out to be unconstitutional. --98.34.xx.xxx

I am still wondering how the name can be on the Nov ballet if no one voted for her in the Primary? Doesn't this move sorta make the Spring Voting no longer required? --24.101.xxx.xxx

I agree with Sid...this is so fraught with complexities that getting it to work would be extremely difficult. Let's just look at stocks alone...the government would need direct access to every stock you own at the beginning and end of each year so they could calculate how much you owe on the increases in your stocks even though you had not sold them? That is just rediculous IMO. --64.38.xxx.xxx

Another thing they do want that would be easier to do is rent caps and increase caps. Idk how legal that would be, but they are already doing it in some places. So, wouldn't be hard to roll that out nationwide. This one is much scarier to me. --107.207.xx.xx

Ray, it will be even more interesting if she wins. However, we already have evidence of the scam a few years ago. --76.129.xxx.xx

Again, this is another NothingBurger that you are all letting yourselves get riled up about when knowing very little about what it even is. (And how unlikely it is to even come to existence.) --107.181.xxx.x

disregards the threshold for application. ALL taxes start low and creep up like death from a thousand cuts. the income tax is the best example. in 1913 less than 1% of the people paid 1%. the sales taxes in california are another. in 1967 the sales tax was 3% with another local add-on of 1%. now it is as much as combined 9.75% in some cities. all laws are camels noses under the tent. --75.80.xx.xx