Charitably speaking: I suspect the commenter above you was indicating that the government should have a stock portfolio you can transfer stocks to to pay taxes in a non-taxable event type scenerio.

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edoceo a day ago | parent [-]

If you're taxing wealth (and not income) then switching stocks into cash doesn't change the wealth. Then use the cash to pay the taxes which reduces the wealth.

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Leherenn a day ago | parent | next [-]

I believe the argument was that for some people, switching stocks into cash actually do change the wealth, because they own such a large % they are meaningfully moving the market by selling (the "paper money" argument).

And the answer to that was "if you're so afraid that selling will tank the value of the stock, then we [the government] will happily take your taxes as stocks directly, and we take on the risk that selling it will reduce its value".

	▲	philipallstar 9 hours ago \| parent [-]
		> And the answer to that was "if you're so afraid that selling will tank the value of the stock, then we [the government] will happily take your taxes as stocks directly, and we take on the risk that selling it will reduce its value". Yes indeed. It's basically saying "don't bother starting everything because the government will gradually just own it all anyway".

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drdec 7 hours ago | parent | prev [-]

I look forward to buying the dip every April 15th