1.0Philanthropy Roundtablehttps://www.philanthropyroundtable.orgTaxing Unrealized Gains Is Unconstitutional: Moore v. United Statesrich600338<blockquote class="wp-embedded-content" data-secret="uMK6ck95yw"><a href="https://www.philanthropyroundtable.org/resource/taxing-unrealized-gains-is-unconstitutional-moore-v-united-states/">Taxing Unrealized Gains Is Unconstitutional: Moore v. United States</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.philanthropyroundtable.org/resource/taxing-unrealized-gains-is-unconstitutional-moore-v-united-states/embed/#?secret=uMK6ck95yw" width="600" height="338" title="“Taxing Unrealized Gains Is Unconstitutional: Moore v. United States” — Philanthropy Roundtable" data-secret="uMK6ck95yw" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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https://www.philanthropyroundtable.org/wp-content/uploads/2023/06/MTR-Wealth-tax-blog.jpg10801080In recent years we have seen growing political momentum for wealth taxes, the most common of which is a proposal to tax unrealized capital gains. A tax of this nature could have significant negative impact on philanthropy and charitable organizations. Taxing unrealized gains means investors would have to pay taxes on the gains they have not yet received, reducing the amount of money available for charitable giving.