4 ms·
I am all for an equitable tax system, and I am by no means able to exploit any of the schemes described, but not allowing write-offs for investment will surely
by airbreather 5y ago
I am all for an equitable tax system, and I am by no means able to exploit any of the schemes described, but not allowing write-offs for investment will surely slow the progress of societal development as it will curb appetite to take risk in developing new technologies and industries.
One way or another, those that take risk in ventures should be rewarded, maybe just not with unrelated write-offs and endlessly in perpetuity once the venture becomes profitable.
- BoorishBears 5y agoThey're rewarded by sometimes paying off, like what???
- kwere 5y ago1.if you invest only to write-off taxes, you are not a professional investor. get out 2.taxes should be crafted to be utilitarian not punitive, if so thy should be changed. Stop trickle down loopholes
- nobodyandproud 5y agoThe point is that dynastic wealth is very real, self-perpetuating, and side-steps any notion of “risk”. The individuals that fund the civilized society that these dynasties enjoy are everyone else, which makes the subsequent generations not risk takers; but parasites.