Did I say mandatory? I meant optional! You’re “free” to die in a cardboard box under a freeway as a market capitalist scarecrow warning to the other ants so they keep showing up to make us more!
1 point
Except they are realized because they are being used to purchase things and/or make more money. It can do nearly all of the things that “realized gains” can do, without being taxed.
It’s bullshit and you know it.
If they truly are “unrealized”, then sure don’t tax them. But I think we need to change the definition of that term to include the actions that OP mentioned.