Can't have unrealized gains in a system that doesn't have stocks. Abolish the stock market.
this post was submitted on 19 Sep 2024
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It would be funny if it wasn't so sad.
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.
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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.