The Final Bailout

I discuss the plan to tax unrealized capital gains here: The Final Bailout.

Many people hear that the Baizuo Admin wants to tax unrealized capital gains and think it is a wealth confiscation or tax scheme. But what if it is really the final bailout, a way for the government to send trillions upon trillions of dollars directly to the wealthiest Americans in the event of a major bear market? It sounds unbelievable on the surface, but look at everything done over the past 12 years. Non-stop bailouts for the rich, the incompetent, the bankrupt, the failed, the losers. America's failed elites remain wealthy thanks to government handouts and the failures (see Afghanistan and coroanvirus response as the latest debacles) who send the cash are kept in power by said wealthy. It's a great scheme to ensure that there is never another recession or bankruptcy wave that could threaten their wealth, status and power.