It can be used to protect your property and still be a tax on unrealized gains.
Taxing unrealized gains means assessing the hypothetical sale price of some asset and demanding a payment in money as a percentage of that assessed value. This is exactly what happens with property taxes.
Property taxes are an example of a tax on unrealized gains.
Doot Doot Bandicoot
npub17x…2l9z4
2024-08-28 19:24:39
in reply to nevent1q…vxjl
Author Public Key
npub17xjyqw2n99vgnncnt9cwlcw394j3llg5aszwxhpdxpv44wrlfnfqy2l9z4Published at
2024-08-28 19:24:39Event JSON
{
"id": "20a78833fc51d8a147a36a4b151c2d98249ae388a4252e6529037ef53419bf34",
"pubkey": "f1a4403953295889cf135970efe1d12d651ffd14ec04e35c2d30595ab87f4cd2",
"created_at": 1724865879,
"kind": 1,
"tags": [
[
"e",
"31d42b7cb6986c8b3fcefdc98c9b5c9f5e294308c7522e81414c920d5e2b11e4",
"",
"root"
],
[
"e",
"3a10e99c62e143beaf10c9ddce311fb8205ee7b374e6786542ecc57f579bd435",
"",
"reply"
],
[
"p",
"472f440f29ef996e92a186b8d320ff180c855903882e59d50de1b8bd5669301e"
],
[
"p",
"2895c330c23f383196c0ef988de6da83b83b4583ed5f9c1edb0a559cecd1f900"
]
],
"content": "It can be used to protect your property and still be a tax on unrealized gains.\n\nTaxing unrealized gains means assessing the hypothetical sale price of some asset and demanding a payment in money as a percentage of that assessed value. This is exactly what happens with property taxes.\n\nProperty taxes are an example of a tax on unrealized gains.",
"sig": "c7cee68c0953c09c6e0b9d50e81522471226191996e8af13f127f6a7b63fc7bed281d32386e6c9d53a0eb3d0e4952d343c9203bd4e29f5f9f9da4e3fce8690a8"
}