ICYMI: Sen. Nelson in the Omaha World-Herald:
“Proposed Tax on Unrealized Gains Threatens Our Family Farms”
Taxes on unrealized gains would have a devastating impact on hardworking Americans
Washington, D.C. – November 28, 2023 – In case you missed it, former U.S. Senator Ben Nelson (D-NE) was recently published in the Omaha World-Herald opposing the taxation of unrealized gains. Senator Nelson is a senior advisor for Saving America’s Family Enterprises (SAFE), a bipartisan research and education organization focused on comprehensive tax reforms that raise revenue, increase fairness, promote greater efficiency, and encourage companies to do more business in the United States. You can read the full opinion editorial here.
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We Are SAFE
Saving America's Family Enterprises (SAFE) is a bipartisan research and education organization focused on comprehensive tax reforms that raise revenue, increase fairness, promote greater efficiency, and encourage companies to do more business in the United States.
THE WRONG APPROACH
A Tax on Unrealized Gains Would be Destructive to American Families
A tax on unrealized gains means that American families will be taxed on the increased value of their net worth - even before their assets are sold.
Heres What We Believe:
The tax code must support the ability of the middle class, small businesses, and family farms to prosper and must not burden their savings and investments
We must enforce the current tax code and close the tax gap—an estimated $688 billion goes uncollected every year under existing tax law
Adding new tax
loopholes benefits the
wealthy and shifts the
burden of paying the
federal government’s bills
to middle-income
taxpayers
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See how taxing unrealized gains could impact American families.
The Hands that Built America
How Taxing Unrealized Gains Impacts Family Farms
