Kamala Harris's 'unrealized gains tax' — so dumb it's truly historic

I see a lot of people on Twitter desperately trying to defend the insane, suicidal tax proposed by Vice President Kamala Harris on “unrealized capital gains.”

It’s been a while since anyone has proposed a dumber idea, so in that sense, at least, she is a historic candidate. And those who think it’s a good idea are historically stupid.

As many others have pointed out already, such a tax would harm everyone investing for retirement, depressing asset values as the uber-rich are...