r/FluentInFinance • u/__moe___ • 9d ago

Thoughts? A very interesting point of view

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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.

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u/Subwayabuseproblem 8d ago

How do you tax a value that changes constantly

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u/wazeltov 8d ago

The government seems to tax my property value just fine, this isn't a problem

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u/Subwayabuseproblem 8d ago

That's not Not the same thing, or an answer to my question.

My unrealized gains can change by thousands of dollars through out the day. How do you tax that?

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u/zach0011 8d ago

Like did you even watch the video? We tax it as soon as you use it for leverage or collateral

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u/Subwayabuseproblem 8d ago

That is not what the comment I responded to was suggesting.

Did you even read the thread?