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I'm afraid that in fact the kind of consumption encouraged by high cap gains taxes are things like yachts, supercars, and jets (which are not investments).
by aetherson 4y ago
I'm afraid that in fact the kind of consumption encouraged by high cap gains taxes are things like yachts, supercars, and jets (which are not investments).
- ianai 4y agoI think those are more about inequality and greed. They have so many resources they’re exhausting any and all passing interest. Bees seem to have solved this with graduating highly productive bees into a bohemian class. They spend their time doing oddball stuff and inform the hive of new opportunities missed.