Will IRS Tax You On Your Home's "Appreciated" Value?
A case before the Supreme Court now may redefine "income" once again. "Income" did not initially include wages. Then they changed the definition. Now they want to tax you on "unrealized gain", assets that have gone up in value even though you did not sell or withdraw any money. It could be a precedent with devastating effect. Is this why Biden wants an IRS army (and the GOP goes along with it)?
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