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So I understand that the real solution is to fix the tax system but I doubt that is politically realistic. I think you are also assuming that returns on all in
by PrimalDual 10y ago
So I understand that the real solution is to fix the tax system but I doubt that is politically realistic.
I think you are also assuming that returns on all investments would stay the same under increased inflation which I seriously doubt.
More importantly I understand that wealthy people have a smaller portion of their wealth in cash than poor people what I am arguing for is that perhaps inflation is at most no worse than our current taxation scheme.