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That's arbitrary and would still cause issues. You'd cause a mass liquidation event and discourage investing or create a bunch of winners in the tax accounting
by hypeatei 8mo ago
That's arbitrary and would still cause issues. You'd cause a mass liquidation event and discourage investing or create a bunch of winners in the tax accounting industry. Unrealized capital gains tax is very unserious and IMO just populist drivel.
- triceratops 8mo ago> You'd cause a mass liquidation event What if the tax could be paid with assets instead of currency? And the assets went into some kind of sovereign wealth fund?