Taxing unrealized gains _ Financial Education | Motivation & Money Video🔥 - video Dailymotion

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00:00She's talking about taxing unrealized gains.

00:03So at the same time, the Democrats are talking about how important homeownership is.

00:08And they want to give $25,000 first-time homebuyer assistance.

00:12Unrealized gains would mean on investments would also be your house.

00:17So imagine you purchase a house, first-time homebuyer.

00:20You get that $25,000 down payment assistance.

00:24Say you buy the house for $100,000.

00:26Next year, the house is worth $150,000.

00:32But you don't have that money in the bank.

00:35So now you're going to get taxed on that $50,000.

00:41And then let's talk about the next year.

00:42Now it's worth $200,000.

00:44Now you're going to get taxed on $100,000.

00:47You already were taxed on $50,000 the year before.

00:51So they're going to tax you again on that $50,000 and the total $100,000.

00:56People will not be able to afford.

Taxing unrealized gains _ Financial Education | Motivation & Money Video🔥

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