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Stock gains are taxed with capital gain tax, which is typically a lot lower than income tax. Here in Norway CGT is at 28%, an unattainably low figure for income
by varjag 8y ago
Stock gains are taxed with capital gain tax, which is typically a lot lower than income tax. Here in Norway CGT is at 28%, an unattainably low figure for income tax on professional salary. You can also tax deduct losses.
- mockingbirdy 8y agoI understand that the government tries to incentivize people to invest, but it's also very clear who profits most from such regulations. In a market where there's a lot of capital which already chases yields (ECB already keeps the interest low). It's always Keynes vs. Friedman (and a mix of both), but I don't like this de-regulated state. We already have big problems with inequality. What do you think about this?
- varjag 8y agoI fail to see a solution to this that won't throw the baby out with the bathwater. Increasing CGT will kill off small business scene effectively, as it's very often one-two small owners with very modest compensation via the dividend.