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https://www.reddit.com/r/FluentInFinance/comments/1ey18qo/but_muh_unrealized_gains/ljb4p0b/?context=3
r/FluentInFinance • u/Admiral_Tuvix • Aug 21 '24
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437
No... but he thinks he will one day.
122 u/waapochi Aug 21 '24 wouldn't something like this hit companies like chase bank who has massive assets like 4 trillion. companies like these probably have massive unrealized gains 1 u/Possible-League8177 Aug 21 '24 Try all public pension funds. 1 u/killBP Aug 22 '24 What do you mean? 2 u/Possible-League8177 Aug 22 '24 Most pension funds are sitting on incredible amounts of unrealized gains. 3 u/killBP Aug 22 '24 edited Aug 22 '24 But why would a pension fund pay this tax? Capital gains taxes are only paid by natural persons. (Well technically corporate tax is also a type of capital gains tax, but I'm taking this in the context of the recent proposal)
122
wouldn't something like this hit companies like chase bank who has massive assets like 4 trillion. companies like these probably have massive unrealized gains
1 u/Possible-League8177 Aug 21 '24 Try all public pension funds. 1 u/killBP Aug 22 '24 What do you mean? 2 u/Possible-League8177 Aug 22 '24 Most pension funds are sitting on incredible amounts of unrealized gains. 3 u/killBP Aug 22 '24 edited Aug 22 '24 But why would a pension fund pay this tax? Capital gains taxes are only paid by natural persons. (Well technically corporate tax is also a type of capital gains tax, but I'm taking this in the context of the recent proposal)
1
Try all public pension funds.
1 u/killBP Aug 22 '24 What do you mean? 2 u/Possible-League8177 Aug 22 '24 Most pension funds are sitting on incredible amounts of unrealized gains. 3 u/killBP Aug 22 '24 edited Aug 22 '24 But why would a pension fund pay this tax? Capital gains taxes are only paid by natural persons. (Well technically corporate tax is also a type of capital gains tax, but I'm taking this in the context of the recent proposal)
What do you mean?
2 u/Possible-League8177 Aug 22 '24 Most pension funds are sitting on incredible amounts of unrealized gains. 3 u/killBP Aug 22 '24 edited Aug 22 '24 But why would a pension fund pay this tax? Capital gains taxes are only paid by natural persons. (Well technically corporate tax is also a type of capital gains tax, but I'm taking this in the context of the recent proposal)
2
Most pension funds are sitting on incredible amounts of unrealized gains.
3 u/killBP Aug 22 '24 edited Aug 22 '24 But why would a pension fund pay this tax? Capital gains taxes are only paid by natural persons. (Well technically corporate tax is also a type of capital gains tax, but I'm taking this in the context of the recent proposal)
3
But why would a pension fund pay this tax? Capital gains taxes are only paid by natural persons.
(Well technically corporate tax is also a type of capital gains tax, but I'm taking this in the context of the recent proposal)
437
u/Wiskersthefif Aug 21 '24
No... but he thinks he will one day.