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> If capital gains are taxed the same, you will find that there will be less investments, which leads to less jobs and less wealth overall. So you're saying pe
by iso1631 6y ago
> If capital gains are taxed the same, you will find that there will be less investments, which leads to less jobs and less wealth overall.
So you're saying people don't work because they are taxed at a higher rate than capital gains?
- chii 6y agowell, you can interpret my words in a wrong way to try to make a point, or you can admit that taxation discourages the thing being taxed. Higher capital gains tax discourages investment. If income tax is higher, it indeed does stop people from working (as much). But we are talking about raising capital gains tax, not raising income tax.