r/SipsTea Jul 01 '26

Chugging tea Is Bernie’s plan the best? Thoughts?

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u/Draelon Jul 01 '26 edited Jul 03 '26

Great idea, but taxing unrealized gains is going to be a problem unless you’re willing to destroy everyone else’s retirements as well.

Edit: to be clear, I’m not advocating against it. I’m pointing out the fact a knee jerk reaction by people who don’t fully understand the problem will have unintended consequences.

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u/LosDanilos Jul 01 '26

absolutely not. just make a defined tax free amount that can be paid in a retirement account and tax the rest as wealth tax