Does the tax on corporate profits go negative when you make a loss?
Does income tax become negative when I loose money?
Does income tax become negative when I loose money?
Wealth is not income until you realize the gains.
If your car goes up in value you can't sell 1/100th of it to cover the your tax obligations.
Maybe we can tax only productive assets. And you don't need to sell a small proportion, just let the government own that tiny bit