3 ms·
For public companies it would be relatively simple: evaluate capital gains at mark-to-market prices. For other assets I agree that it’s complicated.
by occamrazor 6y ago
For public companies it would be relatively simple: evaluate capital gains at mark-to-market prices. For other assets I agree that it’s complicated.
- xadhominemx 6y agoNo that’s the part that’s hugely disruptive. If a stock goes up you’re forced to sell to pay a tax bill. Then if it goes down the next year the government has to cut you a huge check. Very messy.