Taxing Unrealized Gains Would Obliterate The U.S. Economy
Zero Hedge -

Taxing Unrealized Gains Would Obliterate The U.S. Economy Submitted by QTR's Fringe Finance Having used up all of the rest of the batshit, insane, counterintuitive economic dirty tricks left in the "we'll literally do anything but cut spending" bag, the Biden administration is pushing what could be the most destructive idea for our country since prohibition: taxing unrealized gains. As part of its budget proposal for the 2025 fiscal year, the Biden administration is trying to...

In related news