Don’t try to tax the dollar value of the securities. Enact a wealth tax of the securities themselves. Transfer shares of the security to the IRS, to be liquidated slowly over time. Non-liquid securities would be held much like a lien.
Don’t try to tax the dollar value of the securities. Enact a wealth tax of the securities themselves. Transfer shares of the security to the IRS, to be liquidated slowly over time. Non-liquid securities would be held much like a lien.