[iontheball]

You do get a year end balance statement on your investment accounts and retirement accounts. Easy number to get.
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Remember, investments don’t alway increase in value. So will the government return your tax dollars in bad years when your investments loses money? When will you be reimbursed for those tax dollars?

[Brian Griffin]

Florida used to have an intangibles (stocks, CDs, bonds) tax - .1% annually on the first $20,000, .2% annually on the amount above $20,000. It dated from 1931.

One would have to use an S&P stock guide to get the stock values.

Jeb Bush got rid of it.

I think Pennsylvania still has an intangibles tax.

[PeterPrinciple]

Remember, investments don’t alway increase in value. So will the government return your tax dollars in bad years when your investments loses money? When will you be reimbursed for those tax dollars?

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Probably like declared capital gain. You are limited to capital losses against any capital gain. If excess capital loss, limited to using 3,000 loss for current year and carry forward or backward the rest.

I am not arguing it is a good idea, just that it would easy for them to implement.