I'm a little baffled why there have been all these articles of this category recently. It's not news that you don't pay taxes on invested assets you hold and don't sell. That's how it works for everyone who invests their savings. This isn't a 'tax-avoidance' tactic - it's just what owning something is. Are we really advocating for a world where you are taxed just for appreciation? Maybe we are but at least be honest about it - that this would be a radical change from the current concept of ownership.
I'm all for taxing the wealthy more, but I personally don't want to pay taxes yearly on an index fund I've held for 10 years and don't plan to sell until I retire, at which point I will pay taxes on the gains.
I'm all for taxing the wealthy more, but I personally don't want to pay taxes yearly on an index fund I've held for 10 years and don't plan to sell until I retire, at which point I will pay taxes on the gains.