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Yeah, let's disincentive the wealthy to invest in new companies that create jobs during a recession. Excellent. I much prefer the idea floated to ditch capital
by ryanwaggoner 17y ago
Yeah, let's disincentive the wealthy to invest in new companies that create jobs during a recession. Excellent.
I much prefer the idea floated to ditch capital gains altogether for small companies.
- bwh2 17y agoSo you should be in favor of dropping capital gains to 0% then for everyone, right? Probably income tax too for that matter, because that discourages people from working, and unemployment is the last thing we want to have.
- ryanwaggoner 17y agoActually, yes. I prefer a flat tax on consumption.
- bwh2 17y agoFair enough. I also prefer a consumption tax, not flat though. But if we're going to have an income-based tax, I'd rather have all types of income treated/taxed equally.