US Treasury Secretary, Janet Yellen, suggests imposing a tax on unrealized capital gains. This means stock gains will be taxed even when they have not been sold. It also means that taxes will be owed when the value of a home appreciates, even though it has not been sold.

submitted by magnora7 from twitter.com

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[–]Drewski 5 insightful - 4 fun5 insightful - 3 fun6 insightful - 4 fun -  (1 child)

Just offset it with all your unrealized losses.

[–]magnora7[S] 6 insightful - 4 fun6 insightful - 3 fun7 insightful - 4 fun -  (0 children)

Good idea. I'm going to also backward-project all the future losses from the hyperinflation I assume is going to occur and amortize them across the next 3 years. I'll never pay taxes again lol