GiddyGap@lemm.ee to politics @lemmy.world · 5 months agoThe reality of Kamala Harris' plan to tax unrealized capital gainswww.axios.comexternal-linkmessage-square35fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkThe reality of Kamala Harris' plan to tax unrealized capital gainswww.axios.comGiddyGap@lemm.ee to politics @lemmy.world · 5 months agomessage-square35fedilink
minus-squareFlowVoid@lemmy.worldlinkfedilinkEnglisharrow-up0·5 months agoSome who has $900m in a truly illiquid investment and $100m in liquid assets is basically a paper billionaire. As long as $900m is illiquid he has the means of someone with only $100m, and I’m OK if the IRS treats him that way.
Some who has $900m in a truly illiquid investment and $100m in liquid assets is basically a paper billionaire. As long as $900m is illiquid he has the means of someone with only $100m, and I’m OK if the IRS treats him that way.