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> Most proposals to tax giant piles of wealth in the market look nothing like what you've described Wealth tax is different and I think it makes more sense com
by bko 5y ago
> Most proposals to tax giant piles of wealth in the market look nothing like what you've described
Wealth tax is different and I think it makes more sense compared to unrealized capital gains. But its not true no one is proposing an unrealized capital gains tax
> Biden’s fiscal 2023 budget request released Monday would impose a 20% minimum tax on the unrealized capital gains for households worth at least $100 million.
https://www.bloomberg.com/news/articles/2022-03-28/manchin-pans-biden-s-proposed-tax-on-unrealized-gains-of-wealthy https://www.bloomberg.com/news/articles/2022-03-28/manchin-p...