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[–] 6 points 9 months ago (2 children)

The problem with taxing unrealized gains is that the value is always changing. It's not real money.

You'd have to pick a point in time to capture the stock/asset value, and the wealthy would just tank the value right before.

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  • [–] 4 points 9 months ago*

    You’d have to pick a point in time to capture the stock/asset value

    You mean like the bank does when they loan the money?

    The loan shouldn't be able to be disbursed without realized gains/capital behind it, and they can't tank the value without impacting their loan.

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