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.
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.
> 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?