Taxing the Rich: How Unrealized Gains Impact Wealth

and so that situation has led to you know a bunch of you know trust fund kids never having to pay any money or any taxes on any of the stuff that they inherit and this would change that because you're getting taxed every year on the unrealized gains yeah I the only thing I want to emphasize here is like the $100 million threshold which is so important because I would have a real problem if my like $30,000 in my Roth IRA or whatever was getting taxed with the gains I would not accept that right it would be terrible so this is not a policy that's meant to prevent people like middle class people from living a a normal life and getting to retirement and stuff like that this is just for the ultra ultra wealthy ultra wealthy