It's the tax Kamala is proposing on unrealized gains.  People will be losing their houses and getting wiped out of the financial markets.  75% of Dems don't even understand how this works, according to a recent poll.  

 
If you own a house worth $500,000 and it goes up to $600,000, Harris will tax you 25% of the increase in value each year on the gain.  However, if the value goes down to $500,000 the next year, you do not get the 25% back, but when it goes up again to $600,000 the next year, you will again be taxed 25% of the gain.  

 
Under current and past law, you can only be taxed on realized gain.  If you retain assets subject to capital gains, any gains on paper are not taxed until you sell or transfer the property, at which point they become realized gains and you are locked in with no chance to lose money that you have already paid taxes on.  

 
This tax will provide trillions to fund Democrat social programs.  As the middle class gets taxed out of existence a year at a time, all of that money will be transferred into programs that help the poor, so rather than bring the poor up to meet the middle class, this redistribution of wealth through taxation will bring the middle class down to meet the poor somewhere in the middle.  It remains to be seen how long a retiree will be able to keep their appreciating home before they don't have enough liquid funds to pay the annual taxes on their unrealized gains.  

There is no hope in explaining how taxes are a drag on the population.  These yokels think business taxes aren't paid for in the price of goods and services that are passed on to the public.  They think the money supply expands by some other action than the Federal Reserve .
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I've often asked them to explain how the money supply increases.  They can't do it.  I've ask them to explain where the money comes from to pay business taxes?  They can't do it.  
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I mean I asked about money supply the other day and got directed to an article that said supply chain shortages cause the  money supply to increase.  That's not an explanation.  That's arm waving.  
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They have no idea how the economy works and therefore have no idea if their socialist policies are going to tank the economy and throw ever more into poverty like every socialist experiment in South American has resulted in a long term worse outcome.

It's ONLY for people with $100 million or more in total wealth. Did Tucker Carlson not mention that part?

Brilliant!  The damage will be confined to a subset.  How about avoiding the damage altogether.
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Anyhow, the Democrats on the hill have been quietly saying that they don't intend to pass such measures.  They know they are horrible ideas.

How do you go through life THIS obtuse? It was YOU that said the ONLY cause of inflation was Fed Policy. I show you TWO articles, one from Powell, the other from Harvard, showing that there are several other causes of inflation, as everyone witnessed during Covid. You never even bothered to respond to either of those two because you cant and here you are caught lying yet again. Give it up Lester. You look incredibly stupid.

The dope he is thinks the policy dealt with the middle class so at least you corrected that nonsense. And only a R would think it's "damage" to tax incredibly wealthy people more. Clearly you only care about Country Club Republicans.

You have amnesia.  I posted where Nobel Prize Winner in Economics Milton Friedman said that inflation is purely monetary policy.  -- The Federal Reserve conducts monetary policy.

You need reading lessons.

In your own words, give an example of how the money supply can increase without involvement of the Federal Reserve.  You've been ducking answering that for a week now.
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Just one teeny tiny example -- in your own words.   Is that so much to ask.  Not to a link to some screed.  Your own words.  Show us you understand the subject.

Can you explain in your own words where the money comes from to pay business taxes?
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Does it come directly from the consumer?
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Or somewhere else?  If so, from where?

You never do. I am quite sure Friedman knows black swan events like Covid, and wars like Russia/Ukraine are causes of inflation. I post facts backed up by reliable sources. You post your own thoughts with no backing at all. You have zero credibility and even less game Lester.  

Now I see the problem. You are confusing "money supply" with inflation! You dodo! They are two different things. Yes an increase in money supply can be a key cause of inflation. No one EVER argues that point. But there are other ways inflationary conditions are born AGAIN pointed out by Fed chairman Powell among EVERY other economist. Please stop. You sound so obsessed and so stupid. If you want to continue this insanity, contact Powell or just ask anyone with common sense.

Good lord, the Milton Freidman quote I copy pasted was from the story at the link you posted.  

HE WOULD SAY OF COURSE THEY DO! DUH!

It is not possible to have general inflation without an increase in the money supply.  
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For instance, say there is a refinery explosion that cuts gas production for months.  The price of gasoline will go up.  That's not inflation.  Because people will have to reduce spending elsewhere to pay for gasoline.  If you remember bookkeeping, that's debits versus credits.  They have to balance.  
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It's a little harder to see short term because it's harder to recognize demand/supply short term events versus long term flooding of the money supply.  

But I guess you stupid people are worried it will make those with $100 mil plus poor.

It’s everyone’s fault but the Democrats as they spend like drunken sailors.

And gas price increase....  
There for a while, everything was Putins fault. We had a running joke for a while in my entire company that when something went wrong, it was Putins fault. Be like Joe!🤣 And Robert....just blame Putin.

shows in writing that this new tax is only for the wealthy?   Capital gains taxes are always applied to EVERYONE, just like when Biden came in and raised capital gains rates from 15% under Trump to 21%.  

 
Is there a super-secret policy website run by Kamala that explains that this capital gains tax on unrealized gains will NOT apply to everyone?  I've checked her website every few days since she ousted Joe from the nomination and so far, I can't find anything that nails down the smoke and mirrors she has been feeding the Democrat lemmings. If you know where to find out what she has actually committed to in writing, you should share it.  If you don't know, you should not speculate as if it's fact.

a teleprompter and let him read someone else's explanation.  There's a lot of that going around in Democrat circles lately.