4 ms·
The lack of a wealth tax means they just get to pick and choose when they take their income out of their assets, always at the most favorable time. Capital gain
by taurath 5y ago
The lack of a wealth tax means they just get to pick and choose when they take their income out of their assets, always at the most favorable time. Capital gains going up wouldn’t make much of a dent in someone paying under 5%.
- tomrod 5y agoRight, this is a benefit of ownership is having control of how an asset is used.