3 ms·
Maybe. This guy Arnold seems to take the position that the ProPublica piece is somehow invalid because…you can’t tax unrealized gains? 1. I don’t understand h
by md_ 5y ago
Maybe.
This guy Arnold seems to take the position that the ProPublica piece is somehow invalid because…you can’t tax unrealized gains?
1. I don’t understand how the latter follows from the former.
2. Of course you can. Property taxes are just that.
3. Wealth taxes are also just that, though elsewhere in this thread I see Arnold has argued that they aren’t really that.
Whether you should tax unrealized gains is a policy debate, but it’s not an outlandish or ignorant position to say you should—though ProPublica doesn’t say that, so I’m still not sure the relevance.