It’s difficult to describe how insane a 25% tax on unrealized capital gains is.

Not a one-time 25% hit. It’s compounding, annually taking 25% of every dollar of potential increase before it can grow.

Not an exaggeration to say it could single-handedly crush the economy. https://t.co/0rkrXuA1AW

— Austen Allred (@Austen) April 24, 2024