4 ms·
> The sheer idiocy of the American right Yes conservatives bad, progressives good. Except when it comes to tax policy, right? Because SV wouldn't exist at al
by msandford 11y ago
> The sheer idiocy of the American right
Yes conservatives bad, progressives good. Except when it comes to tax policy, right? Because SV wouldn't exist at all if the investment returns were taxed at a 50%-80% rate. Then instead of looking for a 1000x unicorn, everyone would be hunting 5000x-10000x unicorns. Which are rarer still.
- aaronbrethorst 11y ago> Because SV wouldn't exist at all if the investment returns were taxed at a 50%-80% rate I suggest looking up how long term capital gains work, and what top tax rates for cap gains have been in the past (hint: much higher than today—even under Reagan). No one has ever suggested taxing cap gains "at a 50%-80% rate".
- deleted 11y ago[deleted]