Biden Backs Tax on Unrealized Capital Gains

Posted by whack on Monday September 27, 2021 @02:47PM
from the fa-mag.com dept.

https://www.fa-mag.com/news/biden-backs-tax-on-billionaires--unrealized-investment-gains-64115.html

( 3 comments | 6 points | on HN )

Re:Biden Backs Tax on Unrealized Capital Gains by chmaynard on Monday September 27, 2021 @04:09PM (#28675411)

It seems like a more efficient solution to this problem, assuming it really is a problem, would be to force the sale of these assets and let the existing mechanisms for taxing capital gains work as they do now.

[ Parent | on HN ]

Re:Biden Backs Tax on Unrealized Capital Gains by prirun on Monday September 27, 2021 @05:58PM (#28676542)

Are they also going to issue tax credits every year for unrealized capital losses? So dumb.

[ Parent | on HN ]

Re:Biden Backs Tax on Unrealized Capital Gains by iosono88 on Monday September 27, 2021 @03:54PM (#28675252)

What is the income cutoff here?

[ Parent | on HN ]