This is specifically about people who “escrow” wealth in the market. It’s not the same as liquidity, or realized gains.
You are talking about people “making over $100m”, and that’s not what this is about at all. It’s about the ultra-wealthy being comfortable to the point they are fine staging money in markets to be realized later, and escaping the taxes on that wealth come a different administration who is more favored in this type of tax.
That’s a different tax. Read the article.
This is specifically about people who “escrow” wealth in the market. It’s not the same as liquidity, or realized gains.
You are talking about people “making over $100m”, and that’s not what this is about at all. It’s about the ultra-wealthy being comfortable to the point they are fine staging money in markets to be realized later, and escaping the taxes on that wealth come a different administration who is more favored in this type of tax.