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This seems like a far bigger deal in terms of 'justice' outcomes than getting worked up over the capital gains from people who earned their stakes.
by thedudeabides5 5y ago
This seems like a far bigger deal in terms of 'justice' outcomes than getting worked up over the capital gains from people who earned their stakes.
- amelius 5y agoThere is nothing wrong with earning money. The problem is that this money usually works against all the other people who made different life choices. For example, excess money can be invested in real-estate, and this can cause housing prices to surge, which can hurt the normal guy.
- simonh 5y agoIn the UK home ownership rates are at about 2/3 of the population, so here the normal guy owns their own home.
- thrill 5y agoBecause taxing things multiple times is only "justice".
- happytoexplain 5y agoWhat if you don't believe 100% of capital gains over a certain acceleration threshold are "earned" by the colloquial definition?