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Downvotes here are reflexive. Nobody is actually reading or thinking about the fact that inflation + unindexed cap gains is just a wealth tax.
by bpodgursky 6y ago
Downvotes here are reflexive. Nobody is actually reading or thinking about the fact that inflation + unindexed cap gains is just a wealth tax.
- imtringued 6y agoConsidering the state of the US economy over the last 20 years, that's exactly what's needed. You can peddle this idea in countries that are struggling to find investors. It certainly makes sense in economies that are prone to high inflation.