[xienze]

> primarily in business ownership

Businesses which employ people and pay a whole host of taxes every year...

> or equity which is only taxed on gains when it's sold.

How would it be fair to tax someone on an asset that only has a theoretical value, which isn’t realized until it’s actually sold?

[SkyBelow]

For the latter, the option would be to allow the person to sell at that amount. Thus if the government over estimated the worth you are capable of selling. This works far better with large businesses than homes due to the impact of emotional value.

[pseudalopex]

RSUs and options are already taxed.