{"id":2019,"date":"2026-02-17T16:32:00","date_gmt":"2026-02-17T06:32:00","guid":{"rendered":"https:\/\/terraaustralisstatesassembly.net\/tweed\/?p=2019"},"modified":"2026-02-17T16:32:00","modified_gmt":"2026-02-17T06:32:00","slug":"unrealized-gains-tax-for-gen-z","status":"publish","type":"post","link":"https:\/\/terraaustralisstatesassembly.net\/tweed\/unrealized-gains-tax-for-gen-z\/","title":{"rendered":"Unrealized gains tax for Gen-Z"},"content":{"rendered":"

You buy a Pok\u00e9mon card for $50.<\/p>\n

Someone offers you $500 for it.<\/p>\n

You say no. You love that card. You're keeping it.<\/p>\n

The government says: \"Cool, but that card is worth $500 now. You owe us $100 in taxes.\"<\/p>\n

You: \"\u2026I didn't sell it.\"<\/p>\n

Government: \"Don't care. Pay up.\"<\/p>\n

You don't have $100 lying around. So you're forced to sell the card you love just to pay a tax on money you never received.<\/p>\n

Next month? That card drops back to $50. Your card is gone. Your money is gone. And the government shrugs.<\/p>\n

 <\/p>\n

That's a wealth tax on unrealized gains. They don't pay you back the tax...<\/p>\n

 <\/p>\n

Now picture this. Your mom calls you crying. She has to sell the house she raised you in.<\/p>\n

Not because she can't afford it.<\/p>\n

She's lived there 30 years.<\/p>\n

It's paid off.<\/p>\n

But some website says it's worth more now and the government says she owes $15,000 she doesn't have.<\/p>\n

So she sells your childhood home. The kitchen where she made you breakfast. The doorframe where she marked your height every birthday.<\/p>\n

Gone. To pay a tax on money that was never real.<\/p>\n

 <\/p>\n

Now picture the opposite. Your dad put everything into his small business. For 20 years he built it from nothing.<\/p>\n

One year the business is \"valued\" at $2 million on paper. He owes a massive tax bill. He empties his savings. Sells his truck. Borrows money. Pays it.<\/p>\n

Next year the market crashes. His business is worth $200,000. He lost everything to pay a tax on a number that doesn't exist anymore.<\/p>\n

 <\/p>\n

Does the government give him his money back? No.<\/p>\n

Does the government give him his truck back? No.<\/p>\n

Does the government care? No.<\/p>\n

 <\/p>\n

They sold this idea as \"taxing billionaires.\"<\/p>\n

But billionaires have armies of lawyers, offshore accounts, and trusts. They'll be fine.<\/p>\n

 <\/p>\n

You know who won't be fine? Your mom. Your dad. Your neighbor with a small business. The farmer down the road who's had the same land for four generations and now has to sell it because dirt got expensive.<\/p>\n

You're not taxing wealth.<\/p>\n

You're taxing people for owning things.<\/p>\n

It's like getting a parking ticket for a car you might drive somewhere someday.<\/p>\n

 <\/p>\n

They want you to own nothing and be happy.<\/p>\n

To fund the fraud, waste and abuse of the welfare state they created.<\/p>\n

 <\/p>\n

There is enough money.<\/p>\n

More tax isn't needed.<\/p>\n

It's all a lie.<\/p>\n

But you've been gaslit into believing this is a rich vs poor debate.<\/p>\n

 <\/p>\n

I hope you understand what's at stake.<\/p>\n

 <\/p>\n

https:\/\/x.com\/Houseofyogi\/status\/2023252170900943037<\/p>\n","protected":false},"excerpt":{"rendered":"

You buy a Pok\u00e9mon card for $50. Someone offers you $500 for it. You say no. You love that card. You're keeping it. The government says: \"Cool, but that card is worth $500 now. You owe us $100 in taxes.\" You: \"\u2026I didn't sell it.\" Government: \"Don't care. Pay up.\" You don't have $100 lying […]<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-2019","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/terraaustralisstatesassembly.net\/tweed\/wp-json\/wp\/v2\/posts\/2019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/terraaustralisstatesassembly.net\/tweed\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/terraaustralisstatesassembly.net\/tweed\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/terraaustralisstatesassembly.net\/tweed\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/terraaustralisstatesassembly.net\/tweed\/wp-json\/wp\/v2\/comments?post=2019"}],"version-history":[{"count":1,"href":"https:\/\/terraaustralisstatesassembly.net\/tweed\/wp-json\/wp\/v2\/posts\/2019\/revisions"}],"predecessor-version":[{"id":2020,"href":"https:\/\/terraaustralisstatesassembly.net\/tweed\/wp-json\/wp\/v2\/posts\/2019\/revisions\/2020"}],"wp:attachment":[{"href":"https:\/\/terraaustralisstatesassembly.net\/tweed\/wp-json\/wp\/v2\/media?parent=2019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/terraaustralisstatesassembly.net\/tweed\/wp-json\/wp\/v2\/categories?post=2019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/terraaustralisstatesassembly.net\/tweed\/wp-json\/wp\/v2\/tags?post=2019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}