
Dallas TX馃搷 Licensed Realtor | Business: [email protected]
TX
Joined April 2012
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Let鈥檚 get you into a new home, Caddo mills, TX
馃彔馃摟[email protected]
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Adrian franco retweeted
"The unrealized tax is only for ultra wealthy, no big deal."
Let's play this out.
25% unrealized gains on people worth 100MM.
Bill Gates is worth 132 Billion.
Assume his unrealized tax due is about 30 billion.
He would need to sell 40 Billion in Microsoft shares, pay tax on that, just to pay the unrealized tax.
That would probably tank MSFT 10%.
7 million people own Microsoft stock.
Now repeat with META, GOOG, NVDA, AAPL, TSLA etc..
Just wanted to take a moment to express my gratitude and thank my clients for trusting me with such big parts of their lives! It鈥檚 been a long road of consistent hard work and I鈥檝e loved every moment of it. If you鈥檙e looking to buy or sell give me a call to setup a consultation!
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