unrealized gains....

one of the ways in which the wealthy have been able to pay lower taxes in this world....  significantly lower taxes....  is by holding on to their assets....  if all of your income is in asset appreciation....  and....  if you never sell your assets....  then....  you never pay taxes on your income....  this is how the wealthy have avoided paying any significant taxes for many many years.... 

let us look at an example....  if you start a company....  and the value of that company grows to a billion dollars....  you just made a billion dollars....  and if you never sell your shares in that company....  you never pay taxes on that billion dollars that you just earned....  however....  if you sold the stock in that company....  you would have paid taxes on the sale....  if the tax rate was thirty five percent at the time....  and you sold all of your stock in the company....  a billion dollars worth....  you would have paid three hundred and fifty million dollars in taxes on the sale of the stock....  SO....  no executive in their right mind sells their stock....  they just hold it....  and hold it....  and instead of selling some of the stock....  in order to generate cashflow to live off of....  they borrow money....  using the stock as collateral....  because they do not have to pay taxes on the money they borrowed....  and so....  an executive....  who just earned a billion dollars....  might end up paying less in taxes....  than someone who makes twenty thousand dollars a year....  simply because....  they never realized their gains....  

eye will fix this....  eye WILL tax unrealized gains.... 

taxing unrealized gains and eliminating loopholes allows us to implement a flat tax....  there is no need for a progressive tax structure once you tax unrealized gains....  when everyone pays the same percentage of their true income....  there is no need to tax the wealthy at a higher percentage rate....  eye think that it is more than fair to make someone who just made a billion dollars pay three hundred and fifty million dollars and someone who just made twenty thousand dollars pay seven thousand dollars....  eye think that is more than fair.... 

when unrealized gains are taxed....  there is no need for a progressive tax structure....  eye am not going to ask someone....  who just paid three hundred and fifty million dollars in taxes....  to pony up....  and pay a higher percentage than every one else.... 

and there will be no NEED to tax them at a higher rate....  the added income from taxing unrealized gains will be more than enough to fund the government....  in fact....  there will be an opportunity to lower the overall tax rate....  everyone....  will be able to pay a lower tax rate....  in the end....  in the long-term....

when eye implement the taxation of unrealized gains....  there will be a one time spike in revenue for the government....  by my estimates....  it will be large enough to pay off the national debt....  and that is exactly what eye will do with the windfall....  people who have been able to avoid taxes for many many years....  will have to play catch up....  they will pay taxes on unrealized gains that they have earned for many many years....  with this one time revenue spike....  eye will pay off the national debt....  based on my calculations....  the one time spike will be significant enough to pay off the national debt....  and then....  eye will implement a law that will not allow the federal government to go in to debt....  ever again....  you little smucks running our government will have to live within your means....  just like the rest of us....  

after the first time windfall....  the added taxes generated from unrealized gains will boost the annual tax revenue of the federal government....  allowing us to reduce the overall tax rate....  by how much....  eye am uncertain at this time....  but....  it will be significant....  this new policy....  along with simplification in the government....  will allow us to greatly reduce the overall tax rate....

you will NOT be able to leave the country....  you will NOT be able to leave this world....  without recognizing your unrealized gains....  without paying the tax on your unrealized gains....