So Biden is planning on taxing "unrealized gains".. source
I understand that he needs to pursue a contractionary fiscal policy, due to inflation, but how is he going to do it?
The first thought that came to mind was trading. One day, We are in the green, then we're in the red, then we're in the green. ...How is this going to work?
Are you just going to be taxed a little bit (green), then gain a tax credit (red), then get taxed again? Or will it only apply to when I close my options or sell my stock. ...?
Also, how is this going to affect the market valuations of an underlying asset? Will the price adjust to reflect the intrinsic value + tax or will it be more so intrinsic value - price?
Submitted October 26, 2021 at 11:54PM by MrIndira https://ift.tt/3pGYJkM
