The Madness of Taxing Unrealized Capital Gains
The new proposal is framed as a tax on the ultrarich. The same was true of the new income tax in 1913. If given the power to tax unrealized gains, expect the feds to expand the tax to ordinary people.
Original Article: “The Madness of Taxing Unrealized Capital Gains“
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.