How can leftists regulate the stock market if they don’t even understand how it works?

Published October 28, 2021 12:00am ET



There are two types of Democrats: those who know how to leverage their positions to make millions in the stock market, and those who have no idea how the stock market even works.

The latter group of lawmakers put their ignorance on display this week when they proposed a new tax on unrealized capital gains. Essentially, it would be a way to tax the rich based on their net worth rather than their annual income.

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