Subject: Re: Biden's billionaire tax rate fact checked
Unrealized gains aren't "abstract." They are real, concrete increases in your wealth - and that wealth increase isn't zero just because it's held in stocks with a low basis instead of a bank account (or an after-tax portfolio with a high basis).

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I guess we will have to disagree. Money has no value until its purchasing potential is unlocked by paying the taxes due on the unlocking.