Kamala Harris's Unrealized Capital Gains Tax: Implications and Concerns
A recent proposal from Kamala Harris to implement a tax on unrealized capital gains has sparked significant debate. Critics argue that the tax could severely impact North Carolina's economy and may trigger a sell-off in the cryptocurrency market, negatively affecting all crypto investors. Many are concerned that unrealized capital gains taxes could create a trickle-down effect, ultimately burdening the middle class. As discussions continue, experts are exploring how such a tax could lead to broader economic repercussions and potentially a recession.
CNN, Carolina Journal, CoinDesk, MSN, Foundation for Economic Education, Seeking Alpha, CoinGape