Paying Taxes on Stocks You Haven't Even Sold Yet

The federal income stattax started out as only taxing the super rich like rockefeller. The same politicians who promised to protect you from the federal wealth tax also voted to impose income taxes on wealthy social security retiries with an annual income above 25 thousand dollars. Can you imagine paying taxes on a home you haven't even sold, that you still live in because it appreciated in value? That's what taxes on assets are. Tax a, capital appreciation you haven't even cashed out yet. Whether it crashes is on you. It was the third takeaway from an excellent appearance on shonan he sa show, lessih have to be answered. I watched the whole interview at handy om