4 ms·

That isnt the point, the point was that capital gains taxes are lower than general income taxes. For example in Germany its 25% capital gains vs 42% general inc

• gamblor956 6y ago
  No, his point was trying to claim that the U.S. has higher rates than other Western countries, and that was simply false. (Yes, capital gains rates are generally lower than normal income rates everywhere in the world, but the rest of the world also defines capital gains more narrowly than the U.S. does, and for example, sales of startup stock would likely not qualify for cap gains treatment in Germany).