4 ms·
Principal should be adjusted for inflation. If I invest $10k and the investment is worth $11k today but we’ve experienced 10% inflation in that time then my act
by nemo44x 4y ago
Principal should be adjusted for inflation. If I invest $10k and the investment is worth $11k today but we’ve experienced 10% inflation in that time then my actual profit is 0 and I should pay no tax on the $1k of proceeds.
- pessimizer 4y agoWhy should investors get an inflation shield that wage-workers don't?
- armatav 4y agoBecause wage-workers can also be investors and receive capital gains on their investments. You pay capital gains on your investments. You can make an investment even if you're not wealthy.
- nemo44x 4y agoI support minimum wages adjusting for inflation. Keep in mind most wage workers don’t pay taxes. And in fact actually receive credits which give them more back than they paid in. I’m not against that but it should be considered. If anything, include an inflation credit.