You think a “liquidation sale” of anything, even if it produces a loss of, say, 50% should be taxed?
Receiving money is not earning money. You are sounding a lot like a New York democrat lately. Sell a share of stock at a loss? You owe tax.
Sounds very “liberal”.
I think if taxes were limited to a flat 1% of all gross proceeds from any source with no exceptions or deductions and government was restricted to only its constitutionally delegated powers we could all live with it.
Think about it.