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Tax on unrealised Capital Gains, page-61

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4sighttrader

3,475 Posts.

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01/11/21

07:55

Post #: 57218270
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Originally posted by hersuit ↑

Anyone who thinks its a great idea to tax unrealized CG...is lost.

If you have a house and it was bought for 500k and its now worth mill...happy to pay the unrealized tax on that holding?

if you say yes... Im gonna say you're either"
a. someone who never owned a house and fought tooth and nail to own it or
b. you're so blinded by your ideology you should never breed

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"Anyone who thinks its a great idea to tax unrealized CG...is lost."

Providing the ledger is balanced on both sides of the scale should it make that much difference?
Ie: gains and losses would need to be calculated
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