| ▲ | renewiltord 5 hours ago | |||||||
Yeah, I think so too. But if we’re going to tax them I think setting the limit to 5x median American wealth is fine. That way it impacts a broad enough base that it’s not two wolves and a sheep sitting down to dinner. | ||||||||
| ▲ | hypeatei 4 hours ago | parent [-] | |||||||
That's arbitrary and would still cause issues. You'd cause a mass liquidation event and discourage investing or create a bunch of winners in the tax accounting industry. Unrealized capital gains tax is very unserious and IMO just populist drivel. | ||||||||
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