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Those figures include reinvested dividend income with respect to equity and reinvested rental income with respect to housing. In fact the return attributable t
by JackFr 6y ago
Those figures include reinvested dividend income with respect to equity and reinvested rental income with respect to housing. In fact the return attributable to capital gains is only about 40% of of your 7% (page 25). Income is already taxed, at a significantly higher rate than any of the propsed wealth taxes.