They shouldn't be taxed because they're just that, unrealized. They may be worth next to nothing one day. If you use them as collateral, you're still on the hook for the value you originally took out the loan for, regardless of the loss of the investment.
1597
It would be funny if it wasn't so sad.
What if the government finds out about the science experiment in the back of my fridge??? Somethings brewing back there and I'm telling you it's going to be valuable.
Serious question - who here is in favor of taxing unrealized gains and has more than $20k in personal investments? (Outside of retirement/401k or other tax advantaged accounts)
load more comments
(8 replies)
You keep using that word, but I am not sure that you know what it means.
this post was submitted on 19 Sep 2024
1597 points (96.8% liked)
Microblog Memes
5846 readers
1750 users here now
A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.
Created as an evolution of White People Twitter and other tweet-capture subreddits.
Rules:
- Please put at least one word relevant to the post in the post title.
- Be nice.
- No advertising, brand promotion or guerilla marketing.
- Posters are encouraged to link to the toot or tweet etc in the description of posts.
Related communities:
founded 1 year ago
MODERATORS