Maybe I'm missing something. But equity for work is income. Which should be taxed like everyone else. Or if you view it solely as an asset just like all other stock, you should pay cap gains just like everyone else.

Is there something hidden in the draft to tax unrealized gains? I know that was an idea thrown out by some super progressives but it is not in the draft bill and won't get passed.

Looking at inheritance only even that got stripped too because of 'family farms'