tells you all the you need to know the system is working for the wealthy and well connected and jaime dimon to change the wealthy taxing unrealized. right now you only pay a tax on the gain of a stock sale of an asset if you sell it warren would tax the gain on that asset or stock every year, even if you don't sell it. if you own 100 shares of apple, your gain would be $15,000 you would pay a tax of $00 this year, even if you never sell a single share. you can use losses to offset future taxes, it would exclude retirement accounts, ultramillionaires and billionaires won't be able to earn income on giant fortunes year after year without ever paying a penny in taxes. >> this is on top of the wealth tax, which is her tax of 2 to 6% of wealth. 2 to 6% of wealth, plus all your unrealized capital gains would get taxed at %. >> does that unrealized capital gains tax apply only after a person's income exceeds a certain amount. >> it only applies to what she says the 1%. right now the income threshold is around $450,000 for a family. if you make less than that and it's part of your retirement accoun