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Biden Backs Tax on Billionaires’ Unrealized Investment Gains
- 72f988bf 5y ago> Wyden’s annual billionaire tax, known in accounting circles as mark-to-market Is that the tax in question? https://www.finance.senate.gov/chairmans-news/wyden-bill-ensures-wealthy-investors-pay-fair-share-in-taxes https://www.finance.senate.gov/chairmans-news/wyden-bill-ens... "Modernization of derivatives tax act of 2021". This is the only one that appears to mention "mark-to-market". It seems to apply to derivatives only.
- prirun 5y agoAre they also going to have tax credits on unrealized investment losses? This seems so stupid.
- kaminar 5y agoIdiots upon idiots.