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This plan does not smooth things out completely because the value of a dollar decreases over time.
by BarkMore 15y ago
This plan does not smooth things out completely because the value of a dollar decreases over time.
- waqf 15y agoThis is absolutely true. Capital gains tax also screws people over because the value of a dollar decreases over time. If that's the biggest objection anybody comes up with I say we start tomorrow (and I'll have an inflation-indexed version worked out by then anyway).