Contained in the language of the bill is the following:
https://apnews.com/article/joe-biden...71bc617547e3feIt would hit the wealthiest of Americans, fewer than 800 people, starting in the 2022 tax year, requiring them pay taxes on the gains of stocks and other tradeable assets, rather than waiting until holdings are sold.
A similar billionaires’ tax would be applied to non-tradeable assets, including real estate, but it would be deferred with the tax not assessed until the asset was sold, though interest would have to be paid.
A new low for the liars and thieves in the District of Criminals: tax you on income you have not made yet.
Assuming everything doesn't go tits up in the next few years, look for that to be applied to you.
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