[Dilbert San Diego]

Can I ask a stupid question about these unrealized gains?

So you have investments , and you have a gain on paper, but you don’t have actual cash on hand from the assets.

Isn’t it quite possible that some people might have to sell or liquidate the Assets, in order to pay the taxes due on an unrealized gain?

My other stupid question regarding unrealized gains, is what if you have an unrealized gain one year, but then you’re stock or other investment goes down in value the next year?

You may have paid taxes in the first year because you had an unrealized gain, but then do you get a tax refund in Year 2, for an unrealized loss?

I can see this provision of tax law causing lots of complications.

[Red Badger]

You just get an ‘unrealized screwing’.................

[Red Badger]

What is I have an art, coin, stamp, car or other collection that gains in ‘value’ over the years?...............

[CottonBall]

Great questions!

And how did Democrats not think of these things? They all can’t be morons.