@dissidentsoaps I was debating this with some guy, my POV being it was a bad plan, because what happens when it goes down the next-year - do you get a refund?
His best point was that "investors" are able to get cheap lines of credit using their "unrealized gains" assets as collateral, while the working-folks pay sky-high interest rates.
While I do not support taxing unrealized gains, we do need to address the usury-factor.