I’m sure that most of you understand this, or at least think you do. The reason that I say you think you do is because if you bought a house for $100 K and then rolled it over for a house that cost $200K, your basis if I remember correctly from tax class is still $100K. And if you kept rolling it over and now own a home worth $1 million, your basis is still $100K. So anyway if you bought your first house for $200K and it’s now worth $600K, you have an unrealized capital gain of $400K.and under SK’s plan at 25%, I believe it’s actually 28% but to make the math easier, you would owe $100K in taxes just to stay in your house. Even if you took out a second mortgage or refinanced for $250K, your basis for this tax is still $200K. And this will continue every year.This would destroy the economy.