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The answer seems to be that we should tax capital gains and income at the same level. This would disincentive investment on the margin, but it seems like it mig
by jacobr1 5y ago
The answer seems to be that we should tax capital gains and income at the same level. This would disincentive investment on the margin, but it seems like it might be the better tradeoff. Alternatively you can go the other rough and tax consumption (progressively) which would benefit accumulation.