68 Unrealized capital gains taxes- a massive increase in our tax reporting. Now you have to value your house each year even if you DIDN’T sell it? (twitter.com) posted 71 days ago by SophiesBoyfriend 71 days ago by SophiesBoyfriend +70 / -2 25 comments share 25 comments share save hide report block hide replies
"unrealized capital gains" aren't taxed because they're not income until you sell the asset.
This is designed solely to ruin middle class investors, because you know the truly rich people have a million loopholes to get deductions and exemptions.
And the price of taking them to court is less than the price they’d pay in the new tax. It’s completely retarded.