Also, frankly, capital gains taxes should always provide a deduction for inflation.
-
-
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
As if they would care about making sense. They simply mask their words to make their thievery seem justified.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
stuff like the wash sale rule seem to be made specifically to prevent this
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
“We are not aiming for sense here” sounds like an honest reply
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Indeed, practically it may make sense to consider unsold assets at half value when taxing unrealised gains, thus avoiding most cases where an asset would fall to below taxed value, but still taxing booming assets reasonably.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
I don't pretend to know the solution, but do you agree something is amiss? If this was a game and someone was exploiting loopholes to gain an advantage over the rest of the playerbase, you'd look to close the holes, right? Life has effectively become pay to win
-
Capital gains tax should be readjusted, but I don't think that would massively help, since as you say most of it is unrealised. I would love to read up on workable solutions to this quandary
- Show replies
New conversation -
-
-
@AswathDamodaran has a good lecture echoing the point you're making, among others.https://www.youtube.com/watch?v=lQddA58hZdQ …Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
I've been unsuccessful in even explaining to some of my friends what unrealized gain means. They perceive it as income.
-
Due to modern banking, it can effectively be treated as income. I think we need a new definition of "realized"
- Show replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.