How so?
"Oh no, I made money, better put a small percentage of my gains away for tax season, just like I do with all of my income, because I'm American and lack a good PAYE system".
Depends on the exact implementation, but sure, you could happily write a version where an initial home loan isn't hit, and only "top up" loans against the INCREASED value of your home is targeted.
You'd have to put some controls in there for that solution to work. Hitting new homeowners with an immediate tax on "earning" $1,000,000 to pay for their house seems a bit cruel.
I'd rather we went back to taxing the rich properly and stopped having crumbling infrastructure.
There's a very good reason they should be taxed; half a dozen people are richer than god, and basically never pay any real amount of tax.
Where I'm from, we don't do that. All dividends come with an "imputation credit," which basically says "this money's already been taxed."
"Yes*"
*As with all rules, it can vary by country. As I understand it, the US tends to double tax dividends, which is a rabbit hole of why the US market chases valuation so hard
I think a law stating you can't borrow against unrealized gains would be sensible.
You can keep your unrealized gains forever, live of your dividends for all i care, and pay no tax. But realizing them, either through selling or borrowing against, triggers a taxation.
Oceania tends to refer to the region, including both Australia, New Zealand, Melanesia, Micronesia, and the many small island nations.
Sometimes, we are "collectivly" treated as a continent, despite being almost all island nations with no land boarders.
We need a better funding model for open source.
Praying that people will donate enough to support your browser isn't exactly great and really doesn't work for most open-source projects.
Unless they are doing something new in that space, it'll just he smooching up to big donors in back rooms.
At least Firefox is open about their deal with Google.
Expanse tight beams are on their way
I was talking for a hypothetical world where that law isn't a thing and simply paying capital gains in "realized" gains is.
Nut hey, yeah, sure, 100mil works too.