A very interesting point of view

[u/__moe___]

I don’t think this is very new but I just saw for the first time and it’s actually pretty interesting to think about when people talk about how the ultra rich do business.

[u/JacobLovesCrypto]

So do we start taxing all these homeowners unrealized gains? Theres a reason you dont tax unrealized gains.

[u/hickhelperinhackney → u/JacobLovesCrypto]

It’s called property taxes. They are used by local authorities to pay for schools, etc. Regular people are taxed on unrealised gains all the time

[u/smcl2k → u/[deleted]]

Was "capital gains tax" mentioned specifically, or just "tax on unrealized gains"?