If I have $250k in shares I can also use that as collateral for a mortgage to buy a house. It would be pretty odd and problematic to be taxed on that like it’s income when it’s not, despite me spending it on a house…because I need to pay it back.
I agree with the rest though. And definitely would love to see 90% for anyone reporting extremely high incomes.
Is there anywhere left on the internet that’s uncensored? I miss the golden age.