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Capital gains should be taxed as income when it's realized as income. You can't reinvest your capital gains without the tax penalty. However, it is completely
by duped 5y ago
Capital gains should be taxed as income when it's realized as income. You can't reinvest your capital gains without the tax penalty.
However, it is completely unreasonable for long term capital gains to be taxed any differently than normal income. A dollar earned should be a dollar taxed.
- BitwiseFool 5y agoThe idea is to incentivize long term investment while also trying to smooth out volatility by making short term investments less profitable. Or, put differently, people want day traders to be taxed at a higher rate than average people investing.
- duped 5y agoOne year is not long term investment.