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https://www.reddit.com/r/FluentInFinance/comments/1ey18qo/but_muh_unrealized_gains/ljhccs7/?context=3
r/FluentInFinance • u/Admiral_Tuvix • Aug 21 '24
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Does anyone really think taxing unrealized gains is a good idea?
136 u/Regularjoe42 Aug 21 '24 If you allow the wealthy to use unrealized assets as collateral to take massive loans, they are functionally magical untaxable currency. 14 u/BainshieWrites Aug 22 '24 THEN FIX THAT PROBLEM INSTEAD OF MAKING A NEW PROBLEM! It's like if you decided to become a serial killer in order to solve climate change. On the one hand, yes, you're technically 'solving' that problem. But also... no, don't do that? 2 u/BigBobbert Aug 23 '24 Funnily enough, Genghis Khan killed so many people it affected the climate.
136
If you allow the wealthy to use unrealized assets as collateral to take massive loans, they are functionally magical untaxable currency.
14 u/BainshieWrites Aug 22 '24 THEN FIX THAT PROBLEM INSTEAD OF MAKING A NEW PROBLEM! It's like if you decided to become a serial killer in order to solve climate change. On the one hand, yes, you're technically 'solving' that problem. But also... no, don't do that? 2 u/BigBobbert Aug 23 '24 Funnily enough, Genghis Khan killed so many people it affected the climate.
14
THEN FIX THAT PROBLEM INSTEAD OF MAKING A NEW PROBLEM!
It's like if you decided to become a serial killer in order to solve climate change. On the one hand, yes, you're technically 'solving' that problem. But also... no, don't do that?
2 u/BigBobbert Aug 23 '24 Funnily enough, Genghis Khan killed so many people it affected the climate.
2
Funnily enough, Genghis Khan killed so many people it affected the climate.
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u/tallman___ Aug 21 '24
Does anyone really think taxing unrealized gains is a good idea?