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The stories I see, like https://www.cnbc.com/2021/10/25/senate-democrats-push-for-billionaire-tax-to-help-fund-spending-plan.html https://www.cnbc.com/2021/10/2
by dsizzle 5y ago
The stories I see, like https://www.cnbc.com/2021/10/25/senate-democrats-push-for-billionaire-tax-to-help-fund-spending-plan.html https://www.cnbc.com/2021/10/25/senate-democrats-push-for-bi..., says the tax on unrealized gains only applies to "tradeable assets." It doesn't seem like that would cover private companies. From what that article says, it would invoke an increased tax due to the deferral of taxes though.
- IG_Semmelweiss 5y agothere are liquid secondary markets.
- dsizzle 5y agoYeah, maybe they would count that. Are those markets liquid enough to support large sales by the owners though?