Wealth Tax on Unsold Property?

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The quadrillion-dollar question: Can the government tax unrealized gains?

The Supreme Court weighs in on a potential game-changer for everyday investors. 💰🤔

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#taxdebate #investmentinsights
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As the first comments says, there would be a threshold. Owning one home (that you live in) hardly makes you wealthy, and we’re talking about a ‘wealth’ tax on people with let’s say a net worth of over 10 million dollars.

DonLoganfan
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You already pay property tax. Why would you have to pay tax on future income. Then pay again when you realize the income

brianjefferies-lwfv
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Those politicians would like fair housing, healthcare and good food for their working poor constituents. That's a more truthful way to approach their tax policy.

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