- Jun 2, 2016
- 6,809
- 8,015
"Taxing unrealized gains presents technical challenges."
IOW, "once we figure out how, we're gonna do it."
IOW, "once we figure out how, we're gonna do it."
This mark-to-market tax concept, long discussed by academics and rarely alive in the political sphere, could raise substantial money. A similar proposal from Eric Toder of the Urban Institute and Alan Viard of the American Enterprise Institute would generate an estimated $125 billion in 2025 alone, according to their 2016 paper. That plan was focused on publicly traded assets and applied a different rule to closely held businesses.
Top Democrat Proposes Annual Tax on Unrealized Capital Gains