re: Biden proposed 44.6% Capital Gains tax, 25% tax on Unrealized Gains

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If I buy a stock for $100 at the beginning of the year and at the end of the year it's $200, that $100 gain will be taxed even though I haven't actually seen a penny of it while it's just sitting in my brokerage account? And then what happens when I sell it?

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Buy for $100, initial basis is $100. End of year it's $200. You pay tax on $100 unrealized gain. Now, your basis is $200.

Middle next year, you sell for $225. You pay tax on $25 gain.

Now, what happens if middle next year, you sell for $190. Not too bad you have $10 loss.

Now, what happens if you don't sell, and at end of year 2, it' s now worth $180. You have a $20 unrealized loss. Do you get to claim that? Is it netted against unrealized gains? Does it get netted against realized gains and losses? Is there a $3,000 cap like realized losses?