Subject: Re: Biden's billionaire tax rate fact checked
So what? You can't pay bills without cash someplace. This is the crux of why wealth taxes are so bad: one has to take on debt elsewhere to pay for the appreciation in paper assets that Joe Biden would tax.

All valid points, but it doesn't make their earnings any less earnings. If your $1K in Apple stock appreciates to $10K, you will need to take an extra step in order to use your additional wealth to pay bills - but it doesn't mean that you haven't earned anything on your investments.