What is Nostr?
Doot Doot Bandicoot
npub17xj…l9z4
2024-08-28 17:24:39
in reply to nevent1q…vxjl

Doot Doot Bandicoot on Nostr: It can be used to protect your property and still be a tax on unrealized gains. ...

It can be used to protect your property and still be a tax on unrealized gains.

Taxing unrealized gains means assessing the hypothetical sale price of some asset and demanding a payment in money as a percentage of that assessed value. This is exactly what happens with property taxes.

Property taxes are an example of a tax on unrealized gains.
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