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While we're advocating for people to pay taxes they are not legally required to pay, I would also like index fund holders to pay capital gains tax on rebalances
by anonymoushn 6y ago
While we're advocating for people to pay taxes they are not legally required to pay, I would also like index fund holders to pay capital gains tax on rebalances.
- eru 6y agoI'd rather like everyone to stop paying capital gains taxes. Or at least give everyone the same treatment as investments in ETF have: you pay your capital gains at the end, when you sell the ETF. Not when the fund makes internal transactions.
- anonymoushn 6y agoI'm pretty sure all of my transactions other than wages and living expenses are internal transactions to my fund!
- christocracy 6y agoOk, and how about no more cap gains exclusion on selling primary residence and no more writing off mortgage interest (USA)?
- deleted 6y ago[deleted]
- eru 6y agoAnd that would be a good reform.
- pjc50 6y agoWhy?
- anonymoushn 6y agoIsn't the real question "Why should transactions inside of funds get to avoid taxes?" or "Why is it that if you and 8 friends each own 11% of an offshore fund you owe capital gains on transactions inside the fund, but if you and 10 friends each own 9% of an offshore fund you do not?"