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> He shouldn't have to pay taxes on money he hasn't received No one should have to pay taxes ideally, but the government needs money to provide basic services,
by potlee 9y ago
> He shouldn't have to pay taxes on money he hasn't received
No one should have to pay taxes ideally, but the government needs money to provide basic services, keep us safe, etc. I don't think it is better to tax salaried people some of who can barely make ends meet before taxing someone who is sitting on $70 on unrealized capital gains just because he chooses not to sell.
- valuearb 9y agoThat $70B in unrealized gains is funding higher paying jobs for hundreds of thousands of people.