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pampersluxer
searching PlanetScale…
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by
pampersluxer
6y ago
I'm not sure I follow. Let's assume 10% growth of your assets every year, with 50% tax on gains. You start with $1k. After 30 years you liquidate all assets. If taxing unrealized gains, you end up with $1k * (1.05)^30 = 4,321 If n
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by
pampersluxer
6y ago
Taxing unrealized capital gains is incredibly harsh. Basically cuts your yearly returns in half, and that completely destroys your returns over long periods of time (30 years). Out of all the proposals, this seems the most insidious.