/Get Ready For Taxes On Unrealized Gains

Get Ready For Taxes On Unrealized Gains

Recently there has been a scramble in Congress to make it look like they have figured out a way to fund the trillions of dollars they are planning on spending. One proposed solution is to implement a wealth tax where they tax unrealized gains. The problems with this solution include legality, practicality, and the results. But the real problem is where it would inevitably lead.