It would be interesting to see how this is implemented. Is it a one time tax, yearly, every 3 months?
A one off slug to your unrealised gains based on their present values seems outrageous- its a bad enough feeling paying tax on realised gains.
The article implies that only liquid assets will be targetted, are they after a slice of the crypto currency pie?
Hybridous- its always the middle class that pay. The super rich get tax breaks and the super poor get handouts. Its the juicy middle class that get the bill.