"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.
I don't see how that's a problem. The government is way too big. They don't need any more money. It's not "fair" but everyone needs to avoid paying taxes as best you can.
"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.
I don't see how that's a problem. The government is way too big. They don't need any more money. It's not "fair" but everyone needs to avoid paying taxes as best you can.