This is the rubicon for the Biden regime and democrat party moment, once you have weaponized the DOJ/FBI against a former president, there is no going back because then it will be weaponized against you.
Like Hillary with the Russian foreign collusion from her campaign while accusing Trump of it, the fear should be a house cleaning in Washington and the reverse done.
If this passes – taxing unrealized capital gains for billionaires, it won’t be long until it is applied to the rest of us. The income tax after all was only supposed to hit “only the richest taxpayers.” Sounds like now with the billionaires for huge change in taxing authority.
The Democrat’s policies are really division, exclusion, and inequity. It is not diversity, inclusion and equity.
Dividing people by skin color, gender, and county of origin. Exclusion of people from various activities based on skin color and gender – multicultural centers that exclude people who have lighter skin, for example. Inequity by treating some people as more equal than others – some people have to be masked and vaccinated to take part in activities, others do not. Some people have to obey the law, others do not. In short, everyone is equal, just some people are more equal than others.
All this is done to engender hate and envy to amass power to themselves.
The Democrat party leadership hasn’t changed its strips since the Civil War, they are just more adept at hiding their true goals.
Yellen’s comments about the U.S. pushing to end global “race to the bottom” tells you all you need to know about her authoritarian, fascist philosophy. When a US official tells you that a monopoly is a good thing, you know that they want control, not liberty. Competition between countries and their tax systems keeps people free and countries honest. Freedom requires competition and the authoritarians worldwide don’t like it.
Yellen is proposing a “race to the bottom” herself where there is one huge monopoly that she and totalitarians like her control everyone and everything in order to leech of the 99% on the bottom.
Yellen and her cronies ignore the fact that only people pay taxes. They stir up envy and hate in order to divide people so that they can then conquer them. Then they use their envy and hate to get people to vote themselves into higher tax regimes so that they can take their cut in money and power.
The statists want monopolies that they can control, and this is a huge step into getting it.
see e.g. https://www.cnbc.com/2021/05/04/yellen-us-pushing-to-end-race-to-the-bottom-on-corporate-taxes.html