And, if they keep getting elected, may never realize! If it passes:
After they implement, Trump's been reelected, They now tax you on your gains because your 401 started at $50,000 last year and now is worth $75,000. That's an unrealized gain of $25,000, you have to pay up!
Idiots elect another Dem, your 401 is worth $50,000 again, "Too bad, you cannot deduct unrealized losses."