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Well that's a bit different than your earlier statement that we should "ruthlessly tax" capital gains. Capital gains get a favorable treatment because we want
by throwaway201103 6y ago
Well that's a bit different than your earlier statement that we should "ruthlessly tax" capital gains.
Capital gains get a favorable treatment because we want to encourage investment that creates economic growth, but comes with risk of loss.
- mullingitover 6y agoI mean, we ruthlessly tax working for a living, I just don't see why we don't tax speculation gains the same.
- apta 6y agoTwo wrongs don't make a right.