The unspoken part about taxing unrealized gains is the valuation is in dollars, which are subject to inflation.
An asset is worth $1, you cause inflation, that asset is now worth $1.10.
You tax the ten cent "gain," even if the value of the asset hasn't changed.
@_catwu Creating a piece of software through the IRS website to file is the best long term move. One where all your information is already there. You just need to verify it.
Without government involvement i don't see any free market company beating them.
@jeetsidhu_ Many in the west don’t understand what it means to fear for your and your families life. Actual death. They are so quick to tell others what’s worth fighting for.
@mmeJOAN@synrotek@alexstamos if you aren't being accused of both mindless american / ukrainian shilling AND russian disinfo apologetics you aren't doing it right
A couple students in my tax class wrote & produced a song about the principal residence tax exemption but it’s set to private so I can’t share. If this post gets 100 retweets/likes, they will make it public so I can share w/ all of you lovely people on #TaxTwitter. What say you?
Moldova’s Central Election Commission abusive decision to cut transparent and legal funding in the upcoming elections was taken in the interest of incumbent candidate Igor Dodon, who has had a long record of using illegal sources of funding to finance his political campaigns.
@thehalflord Don’t know if we are close enough for me to change your underwear, but if it’s the only way to convince you that bamboo underwear is far superior, I will do it.
@melissakchan@pol_ange I feel like the supply network still exits but has adapted. Spoke to a friend who is a emergency response person and she told me over doses are up from people at homes quarantining themselves. This is just in her area.