Adrian franco 已转推
Adrian franco
16.6K posts

Adrian franco
@Realtor_AF
Dallas TX📍 Licensed Realtor | Business: [email protected]
TX 加入时间 Nisan 2012
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Adrian franco 已转推

"The unrealized tax is only for ultra wealthy, no big deal."
Let's play this out.
25% unrealized gains on people worth 100MM.
Bill Gates is worth 132 Billion.
Assume his unrealized tax due is about 30 billion.
He would need to sell 40 Billion in Microsoft shares, pay tax on that, just to pay the unrealized tax.
That would probably tank MSFT 10%.
7 million people own Microsoft stock.
Now repeat with META, GOOG, NVDA, AAPL, TSLA etc..
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