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> If you think this is true then clearly you've never tried seriously investing money. It gets taxed on its way to becoming cash (capital gains taxes if you sim
by gnaritas 11y ago
> If you think this is true then clearly you've never tried seriously investing money. It gets taxed on its way to becoming cash (capital gains taxes if you simply sold at a gain). Then local state income tax. Then taxed again once spent (sales tax). Not to mention fees.
So does income, so you're quite literally making no point. His point is that income is taxed far higher, you can't disagree with him and not address that fact.