4 Comments
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Rob B.'s avatar

No wonder why millionaires and high-net-worth individuals are flocking to the UAE.

Given the growing lunatic-left here in the US, it's quite conceivable to see a push for this.

Ryan Hart's avatar

How are they supposed to pay the tax without selling the asset?

The Pareto Investor's avatar

An unrealized capital-gains tax would turn paper wealth into a cash-flow problem — the policy shock portfolios rarely hedge for.

https://paretoinvestor.substack.com/p/pareto-permanent-portfolio-2026

Chris DeMuth Jr's avatar

I am an unrealized capital gains tax conscientious objector.