2 ms·
yes, the special rate for capital gains is ostensibly justified as an investment incentive, but it's unnecessary for that purpose. investors would still chase t
by clairity 6y ago
yes, the special rate for capital gains is ostensibly justified as an investment incentive, but it's unnecessary for that purpose. investors would still chase the highest returns for their capital.
we should instead treat all income the same for tax purposes.
- bhupy 6y agoI mean, no disagreements there, I'm just attacking the inaccurate and often used WW2 era vs Reagan era income tax argument. Even back then, none of the super rich were paying that income tax rate, because the wealthiest people in the world owe their wealth to ownership in their corporations.