President Trump just dropped a bombshell at his latest rally, showing a video that should make Kamala Harris rethink her presidential ambitions. The video featured clips of Harris talking about her plans to hike taxes—on everything from state to federal to capital gains. And if that’s not bad enough, she even floats the idea of taxing unrealized gains. Yes, that’s right—Harris wants to tax you on money you *haven’t* even made yet.
Trump’s message was clear: Harris is a tax-and-spend politician who, if given the chance, would squeeze Americans dry. Now, you might think, “Oh, this is just Trump exaggerating.” But he wasn’t the one making these claims. It was Harris herself, on video, talking about how she’d go after your hard-earned money. She said, “We’re gonna have to raise state taxes…we’re gonna have to raise federal taxes…we’re gonna have to raise capital gains tax.” And yes, she really did advocate for taxing unrealized gains, which is as scary as it sounds.
Joe Biden en I bout to get rid of dat tax bill
Joe Biden en I bout to get rid of dat tax bill
We’re gonna have to raise state taxes.
We’re gonna have to raise Federal taxes.
We’re gonna have to raise capital gains tax.
We’re gonna have to rob you for every penny you have.… pic.twitter.com/VEZ5mxnGJw
— DailyNoah.com (@DailyNoahNews) October 9, 2024
Taxing unrealized gains is one of the most radical ideas you can imagine. Normally, you’re taxed on income you actually receive—whether it’s from a paycheck, a sale, or a dividend. But taxing unrealized gains means the government wants a piece of the action even if you haven’t cashed out yet. If your stock portfolio goes up, for example, you’d be taxed on that paper profit. And what happens if the market tanks the next year? Good luck getting that tax money back. This idea doesn’t just hit the wealthy; it could hurt anyone with investments, savings, or even just a retirement account.
The reality is that Harris’s tax plans would hit all Americans, not just the rich. She’s coming for small businesses, for retirees, for middle-class families trying to get ahead. Trump’s rally-goers saw that loud and clear, and you can bet they’ll be spreading the word. This is a woman who would happily drain your bank account to fund her progressive wish list, and she’s not even hiding it.
If this video reaches enough people, Harris’s campaign could be in serious trouble. After all, if you’re running for President, telling Americans you’re going to raise taxes at every level is a bold—and politically risky—move. But then again, maybe she’s hoping people just won’t notice. With Trump playing this video for his audience, it’s clear he’s betting on the fact that they *will* notice—and they won’t forget.
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