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Bonds also incur capital gains tax) The point of the capital gains taxes/inflation is specifically to incentivize people spending money over saving (if too many
by medvezhenok 5y ago
Bonds also incur capital gains tax) The point of the capital gains taxes/inflation is specifically to incentivize people spending money over saving (if too many people saved money the economy would contract). It's not a perfect tool, but it works somewhat.
- procombo 5y agoIncome from bonds issued by the federal government and its agencies, including Treasury securities, is generally exempt from state and local taxes.