Australia’s Unrealized Gains Tax will be a Lesson in Economic Suicide, page-6

Its contradicts simple tax process, so it is a biggy and just plain wrong!!!

Its also not indexed, so just like bracket creep, it will get everyone eventually. Typical comments from those who believe the rich should pay for everything!!!! Lets all hope that its just as successful as it was in Norway, where their government saw their tax take reduce significantly.