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Bill Gates: What I’m Thinking about This New Year’s Eve
- atlasunshrugged 7y agoThis is really fascinating, basically an examination of ideas to change the U.S. tax code to make it less regressive and more fair for the majority. Spoiler - a lot of it includes taxing the wealthy at higher rates and taxing capital and assets
- nabla9 7y ago> We should shift more of the tax burden onto capital, including by raising the capital gains tax, probably to the same level as taxes on labor. Where I live (Finland) capital gains tax is 30% if the gains are less than 30,000 EUR/year and 34% from above. I think it's completely fair. I get most of my income from capital gains, btw.