I think he is talking about taxing unrealized gains. AOC talked about it a month ago. It's insanity.— Noelle Whaley (@Fan_of_Freddie) August 6, 2020
That's essentially a wealth tax. That would be extremely destructive. Furthermore, I wouldn't be surprised to see this proposed for real estate. Imagine a guy whose house doubles in value from $500,000 to $1 million. The clowns in government will be "asking" him to pay a 50% tax on those "gains".