Yellen wants to tax unrealized capital gains. Say your house increased in value another $100,000, you will get a tax bill on that even before you have sold. Yeah, supposedly for Cryptocurrency now, supposedly for the 1% rich folks now, but we all know how the Democrats love those slippery tax slopes.
The Penguin wants to monitor everyone's bank accounts, keep track of our transactions, and also tax the *net worth* of wealthy people. An absolute power-mad lunatic. This administration is chock full of them. https://t.co/BbUtjh1QAE
— Matt Walsh (@MattWalshBlog) October 25, 2021