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> ...increase the tax on capital gains... How about proportionally? Stock trading apps now make it easy enough for Joe 6 pack to invest in the market at any in
by artificialLimbs 6y ago
> ...increase the tax on capital gains...
How about proportionally? Stock trading apps now make it easy enough for Joe 6 pack to invest in the market at any income level. I could see a x% higher tax if you're buying 10,000 shares of Amazon, but it seems to me like putting < $1,000 in the market a month should be somewhat painless.
- icedchai 6y agoIt became easy over 25 years ago when the first brokerages went online. Is it easier now? Yes. But it's been simple and painless for years.
- freeone3000 6y agoCapital gains is still a percentage of earnings and currently caps out at 26%. Hold your stock for a year, and it drops to 13%. Increasing cap gains could be as simple as taxing it the same as regular income.
- pnutjam 6y agoYou know most American's can't cover a $400 unexpected bill. Try <$100, which is still a stretch for many.