Trim that left bush a tiny bit and you NAILED it . <| sep |> If a property increases in value while you ' re sitting on it , then at what point would you measure its current value and tax that ? In a wealth accumulation tax , you would measure it and tax it every year . Of course we don ' t do that , which is why I say that capital gains tax is not a wealth accumulation tax . You ' d have to do a property valuation every year , which would be excessive . They already do a valuation every year where I live , for property tax purposes . There is no reason they couldn ' t extend that to wealth accumulation taxes as well , if they really wanted to . Which they don ' t . <| sep |> I do indeed . Think you might have the best heels game on gw , and this pair might be your best . thanks for posting