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People didn't get this 100% tax exemption because the government felt "they deserved it". They got it because it's a means for governments to bootstrap things.
by jsiepkes 5y ago
People didn't get this 100% tax exemption because the government felt "they deserved it".
They got it because it's a means for governments to bootstrap things. Like EV car adaption or tech startups. Once that goal is reached the tax benefit will go away.
And in this case I can't see how on earth a 100% tax exemption on capital gain can ever be considered fair towards other people like "normal" working people.
If you advocate things like tax the rich and justice then rejoice because this is a step in the right direction.
Like with so many things people want change but don't want to change themselves. They want other people to change. So no this isn't trolling.
- imtringued 5y agoPeople complain that taxes are already too high and shouldn't be raised. Others will then justify this statement by saying that the government can simply collect more tax revenue of industries that it is already taxing. Well, this is exactly that. The government is simply collecting the taxes that you are supposed to pay in normal circumstances. It's rolling back tax concessions rather than raising taxes.