I have stock accounts....and I don't pay anything..until I sell it........
Moron...
> I have stock accounts....and I don’t pay anything..until I sell it........ <
I lived for awhile in a Democrat-run county that did something like what the original poster suggested. They put a 1% tax on stock holdings. Not a 1% tax on your sale profits, but a 1% tax on all your holdings.
I just ignored that line on the county tax form. Left it blank. Never heard from them one way or the other.
But if this were done at the federal level, you can bet I’d hear from them.