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I am curious to see the comparison as well. I suppose one difference is that capital gain tax can be delayed far into the future. Wealth tax could also have a c
by perfunctory 8y ago
I am curious to see the comparison as well. I suppose one difference is that capital gain tax can be delayed far into the future. Wealth tax could also have a cooling effect on stock market bubbles.
- cr1895 8y agoCapital gains tax might also be a tax deduction due to a loss of capital. With a wealth/asset tax it doesn't matter if you actually gain or lose.