So this last week Kamela has finally come up with a few ideas that weren’t completely ripped off from the Trump campaign. First she proposed a 25% ‘unrealized capital gains tax’. Second, she proposed a $25,000 payout to first time home buyers.
Now, given that the average price of a home has risen 47% since 2020, someone who had a $200,000 home now has a home worth (on average) $294k. With Kamela’s new tax proposal (and depending on how they plan to implement it) that homeowner will be on the hook for a new tax of $23,500.
Add this to how her first plan that will also drive up home prices even more, and the result will be a massive increase in homelessness.
So this last week Kamela has finally come up with a few ideas that weren’t completely ripped off from the Trump campaign. First she proposed a 25% ‘unrealized capital gains tax’. Second, she proposed a $25,000 payout to first time home buyers.
Now, given that the average price of a home has risen 47% since 2020, someone who had a $200,000 home now has a home worth (on average) $294k. With Kamela’s new tax proposal (and depending on how they plan to implement it) that homeowner will be on the hook for a new tax of $23,500.
Add this to how her first plan that will also drive up home prices even more, and the result will be a massive increase in homelessness.
This isn’t incompetence. This is evil.