Post #24695 by albaby1 on the Berkshire Hathaway board

Stay on topic in your discussions, and avoid making off-topic or irrelevant posts. If you want to discuss a different topic, it is okay provided you mark the subject starting 'OT:', and also consider posting on a different board.

- Manlobbi

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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It gets very complicated.

Of course. That's why it is exceptionally unlikely to ever happen.

But you set that against the fact that Warren Buffett has earned about $200 billion over his lifetime, but our tax system treats him as if he has only earned about $0.7 billion (or less).

There's no easy answer, but neither scenario (trying to tax unrealized income, or leaving unrealized income to remain unrealized at the discretion of the individual) is ideal.

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