7 ms·
Serious question, would that be realized wealth or on paper wealth? If some startup founders equity is worth a billion but isn’t liquid, do we tax that too?
by yibg 5y ago
Serious question, would that be realized wealth or on paper wealth? If some startup founders equity is worth a billion but isn’t liquid, do we tax that too?
- micromacrofoot 5y agoneeds to be both to avoid the hoarding issues we have today, x% of assets should be liquidated for tax annually (assuming its value is over some high threshold) obviously this would be difficult and would require new rules, but it doesn’t seem at all impossible