GiddyGap@lemm.ee to politics @lemmy.world · 11 months agoThe reality of Kamala Harris' plan to tax unrealized capital gainswww.axios.comexternal-linkmessage-square30fedilinkarrow-up187arrow-down16
arrow-up181arrow-down1external-linkThe reality of Kamala Harris' plan to tax unrealized capital gainswww.axios.comGiddyGap@lemm.ee to politics @lemmy.world · 11 months agomessage-square30fedilink
minus-squareFlowVoid@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down1·edit-211 months agoSome who has $900m in a truly illiquid investment and $100m in liquid assets is basically a paper billionaire. As long as $900m is illiquid they have the means of someone with only $100m, and I’m OK if the IRS treats them that way.
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Some who has $900m in a truly illiquid investment and $100m in liquid assets is basically a paper billionaire. As long as $900m is illiquid they have the means of someone with only $100m, and I’m OK if the IRS treats them that way.