It’s not, not the problem is trying to tax wealth, specifically unraised gains from stock value is a problem no one knows how to solve.
If you tax unraised gains, the cost ultimately goes to the customer. And it’s you force them to sell the stocks, it would crash the bubble economy and they will just find another alternative to stock assets. It would basically be perks retirements paying for the tax. The money comes from somewhere when you tax money that doesn’t exist.
It’s not, not the problem is trying to tax wealth, specifically unraised gains from stock value is a problem no one knows how to solve.
If you tax unraised gains, the cost ultimately goes to the customer. And it’s you force them to sell the stocks, it would crash the bubble economy and they will just find another alternative to stock assets. It would basically be perks retirements paying for the tax. The money comes from somewhere when you tax money that doesn’t exist.