Massive jobs revision, Kamala's wealth tax, polls vs prediction markets, end of race-based admissions

4392.296 - 4420.183 Freeberg

So they've addressed this and that's the final provision. And what they said is that if a taxpayer is treated as what they're calling illiquid, meaning that their tradable assets, the stocks that they own or the cash that they have is less than 20% of their total wealth, then they may elect to include only the unrealized gain in their tradable assets to determine their tax liability.