> Taxing capital gains means that everything you ever own will also be taken from you in the form of taxes on inflated dollars. How? You're taxing gains so by

> Taxing capital gains means that everything you ever own will also be taken from you in the form of taxes on inflated dollars. How? You're taxing gains so by definition, what you already own cannot be taken. > The reason this website exists, and all the startups that have gone through YC, is because the tax on capital gains is low. [evidence needed] > You can’t increase the tax rate and expect people to just make the same choices and end up with less to show for it. The more the government confiscates the upside, the less people will take the risk. Maybe, maybe not. The relationship between upside and risk is not purely linear. The human mind doesn't work like that. Rather it works in thresholds. Wealthy people can never make as much money by working than by investing. So they have to invest. If the return on all means of investment is similarly increased, the situation doesn't change.