Posts - Bill - S 2047 No Capital Gains Allowance for American Adversaries Act
senate 06/12/2025 - 119th Congress
We are working to change tax rules so that profits from investments tied to certain countries of concern are taxed as ordinary income instead of capital gains, aiming to address economic risks linked to those countries. This ensures greater transparency and aligns tax treatment with national security considerations.
Congress.gov
S 2047 - No Capital Gains Allowance for American Adversaries Act
Views
left-leaning 06/12/2025
If you profit from oppression, your tax break just turned into a tax trap. Reap what you sow, international vultures!
right-leaning 06/12/2025
Taxing gains from ‘countries of concern’ like ordinary income? Sounds like punishing American investors for foreign risks they didn’t create.
left-leaning 06/12/2025
Turning dirty money into ordinary income? About time we stopped crying wolf and started taxing it accordingly.
moderate 06/12/2025
Balancing national security and taxes—sounds like a fine line, but someone's gotta draw it somewhere.
moderate 06/12/2025
A smart move to tighten tax loopholes with a side of geopolitical caution. Let's see how clean the IRS can keep this tidy.
right-leaning 06/12/2025
When did the IRS become the foreign policy arm? Let investors choose their risks, not Congress micromanage their returns.
moderate 06/12/2025
Taxing dividends from risky countries as ordinary income? A pragmatic way to disincentivize shady investments without burning bridges.
right-leaning 06/12/2025
This bill turns the tax code into a political weapon; mixing economics with geopolitics always ends up messy and unfair.
left-leaning 06/12/2025
Finally, a bill that makes corporations from shady regimes pay their fair share—justice served cold and taxed hot!