
Biden’s proposal to tax unrealized capital gains at 25% is a blatant attack on property rights and the Constitution. It’s not an income tax, but a direct tax on property, violating the rule of apportionment. This economically destructive move would force people to sell assets they haven’t profited from, creating chaos and financial ruin.
Peter Schiff on OAN Real America with Dan Ball. Recorded 4/26/2024
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