Senate Democrats plan to reveal a revenue scheme for their multi-trillion dollar budget bill that would tax unrealized capital gains, a move targeted towards the richest of the ultra-wealthy. The measure would put taxes on unrealized capital gains, but would start at an extremely high threshold. To meet the threshold, an individual would need to make $1 billion or more in income in one year, or $100 million or more for three consecutive years. Only around 700 Americans would be subject to this new tax. The goal behind the move is to target the wealthiest Americans, whose wealth is primarily in stocks. If a stock owner does not sell their shares of a stock, any profit made is “unrealized” and is exempt from taxation; This would change that, allowing unrealized capital gains to count as income, thus making them subject to taxation. Treasury Secretary Janet Yellen, who has been supportive …