4 ms·
I hear you. Our system is profoundly bad at taxing unrealized gains, though, for some pretty serious reasons. (See also, wealth tax).
by singleshot_ 3y ago
I hear you. Our system is profoundly bad at taxing unrealized gains, though, for some pretty serious reasons. (See also, wealth tax).
- ajmurmann 3y agoYou are right, to some degree this would be taxing unrealized gains which IMO is generally bad. The important part though is that it's taxing a negative externality (the opportunity cost for society).