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Most Americans don't have money to save or invest. Capital gains functionally rewrites tax brackets. There's lots of ways to make sure that people so rich they
by rgifford 5y ago
Most Americans don't have money to save or invest. Capital gains functionally rewrites tax brackets.
There's lots of ways to make sure that people so rich they don't have to wage earn pay their fair share. We choose not to.
- AlchemistCamp 5y agoAnother important consideration, is that the complexity of a tax system is itself a regressive tax. If hiring an accountant can decrease the amount of tax you need to pay, the tax rate is effectively higher for those who can afford an accountant than for those who can't.