This is not about the rich, this is about taxing people whose homes went up a lot in value.
Like what happened in California with home prices.
You buy a house for 200k and then it goes up to 800k, you have an unrealized capitol gain of 600k.
Unrealized, because you would not see that profit or money until you sell the house.
They want to destroy the middle class.
NEW - U.S. Treasury Secretary Yellen proposes a tax on unrealized capital gains to finance Biden's "Build Back Better" plans.
https://twitter.com/disclosetv/status/1452422986015944711