Subject: Re: Biden's billionaire tax rate fact checked
Money has no value until its purchasing potential is unlocked by paying the taxes due on the unlocking.

Sweet! In that case, would you mind transferring to me - for free - all of your wealth in appreciate assets?

I mean, that's just crazy. If you bought $100 in shares of Apple at the IPO, it would be worth about $43K today. Are you telling me that in that scenario those shares have no value until you actually pay the taxes?