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How Trump or Harris tax plans might change your income (slrpnk.net)

submitted 1 month ago by ByteOnBikes@slrpnk.net to c/usa@midwest.social

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Source https://www.barrons.com/articles/trump-harris-tax-rates-plans-cuts-income-e8db90ee

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[–] grysbok@lemmy.sdf.org 5 points 1 month ago (1 children)

"Millionaire in assets" is even less impressive when you factor in someone's home value. Like, Zillow keeps telling me my condo is worth $350k. I guess I am worth that on paper, but it's not liquid or "walking around" money.

[–] JackbyDev@programming.dev 4 points 1 month ago

Unless your mortgage is totally paid off you aren't necessarily worth that much on paper.