“Taxing the rich” is ridiculously easy problem to solve if any politician was actually interested in doing (they are not). The solution is simple - if unrealiz

“Taxing the rich” is ridiculously easy problem to solve if any politician was actually interested in doing (they are not). The solution is simple - if unrealized gain is used in any capacity as asset, it immediately becomes realized (as it is) and you must pay taxes. We currently allow rich to claim unrealized gains for tax purposes while at the same time allowing them to claim them as realized and borrow against it