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RE: LeoThread 2024-08-24 02:36

in LeoFinance • 3 months ago

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🧵 3. The US national debt surpasses $34.6 trillion. With an annual deficit of ~ $2 trillion, interest payments amount to over $1 trillion. The situation calls for urgent attention.

🧵 4. Recent controversial tax proposals cause uproar online. One idea involves taxing unrealized gains, potentially impacting citizens across income brackets. The debate heats up.

🧵 5. Taxing unrealized gains could burden Americans with unexpected financial obligations. The proposal, if implemented, might pose challenges for individuals and businesses alike.