This is the economic death spiral that Democrats always put us into. Kill jobs, then raise taxes on the remaining few working.

So if I buy gold at 1900 an ounce this year and it goes up to 2500 an ounce next year I will have to pay taxes on it for appreciating in value?

Yes, that's exactly what the leftists want- to tax you for theoretical gains. They want to destroy the incentive for individuals to investment or start their own businesses. Very anti-capitalist and anti-American. I can't say I'm surprised though. This is what we get without Trump.

Yes, this is a new left. The liberal democrats of old are gone. They are controlled by radical socialist using peer pressure and cultural Revolution tactics that they are to weak to stand up against.

OMG, I knew this garbage was coming from the leftist destroyers. Taxing unrealized gains would decimate our economy

I believe that is a necessary step to accomplish a socialist takeover.

I just re-read my meme and I should have worded one party differently. Instead of "In other words, they just to tax businesses, private investors, or people who sell their houses...", it should read "In other words, they just to tax businesses, private investors, or homeowners".

This tax is a presumptive tax. It presumes that you might sell something and they want to tax it regardless if you sell or not. Homeowners might sell their house but most likely they aren't. But if your equity is over a certain amount (I think it is $250,000 but I am not sure) then if you sold you would pay some percentage (again I don't know what that is either) in capital gains tax.

I haven't read if they are going to exempt homeowners or not. All I read is that they are proposing a presumptive capital gains tax that will be imposed on an annual bases.

This is just another reason why ABSOLUTELY NO ONE SHOULD EVER VOTE DEMOCRAT unless you hate America, everyone that lives in America and everything that America stands for. And if that is you then why do you even live here? Democrats are killing America. They are traitors to the Constitution.