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taxing unrealized gains
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Boone & Crockett
Posted 8/22/2024 08:35 (#10861330 - in reply to #10861323)
Subject: RE: taxing unrealized gains


iowachevy - 8/22/2024 08:26

sawinc - 8/22/2024 12:04

My guess is those with the means (100
Million plus) may find more creative ways to deal
With this plan.

I think they take their ball
And go home. A new home.



LOL They thought of that a long time ago!
Cayman Islands, Swiss banks.
Companies have been moving factories to Mexico or overseas.
IT support done by India.
I don’t think it will be that simple. My thinking is the govt will make the Person list all assets they have access to. If it’s accessible, it’s taxable under this proposal. Failure to disclose assets earns you a pinstripe suit courtesy of the IRS.
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