I bought some property 20 years ago. It has tripled in value.
By the logic of “imputed income” I would owe about 150,000 dollars on income that I have not received yet. When it is sold in the future I will most certainly owe tax on the profits realized.
I hereby offer to purchase your property for 150 MILLION dollars!
There! Now you owe even more taxes!
(Because "$150 million" is now the "going rate" for your property, even if no actual financial transaction has taken place / no sale has been recorded / no money has changed hands.)
Regards,