[Jumper]

In Ireland, where they do tax your unrealized gains as income for tax purposes, it is a reality. None of my mutual fund companies or drip stocks ever paid a dime of taxes for me, so I always had to pony up at tax time out of pocket. If they do tax unrealized gains, they just need to create more accounting jobs or sell 20% of your stock annually to pay the taxes.

Any ruling that would tax unrealized gains would destroy the investment model in the US.

I am salivating at the prospect of paying taxes on my BTC. wink wink, it hurts too much to spend.

[1Old Pro]

None of my mutual fund companies or drip stocks ever paid a dime of taxes for me, so I always had to pony up at tax time out of pocket.

Reinvested dividends ARE realized.

[Honest Nigerian]

I think in England the tax laws allow the taxpayer to inflation adjust when reporting capital gains. Is that true?
Do they inflation adjust like that in Ireland?