You would! Unrealized losses could be used to offset gains. If one stock goes down and another goes up, you would pay tax on the net gain, and you could take a deduction on the net loss.
The tax could also be structured so that it only applies when borrowing against the gains, so it could be rolled into the cost of the loan.
No, everyone misunderstood. “Salacious_Trash” was his handle on the porn site where he claimed to be a Nazi.