4 ms·
People who earn via investing for starters. And then you have people earning millions, that at least when compared to the numerous workers being underpaid and
by PrimeMcFly 4y ago
People who earn via investing for starters.
And then you have people earning millions, that at least when compared to the numerous workers being underpaid and actually doing the hard work that generates profit, basically do so little work they may as well be sitting on their asses.
- umrcumrcu 4y agoYou would effectively ban investment then? No one could earn any money from index funds?
- mxkopy 4y agoblack/white fallacy
- umrcumrcu 4y agoSomeone has a million in index funds and earns more than a Walmart worker by "sitting on their ass". Are you proposing a ban to that?
- mxkopy 4y agolimit != ban Capital gains taxes don't prevent an investor from making money.
- nickpp 4y agoThey do disincentivize and thus reduce the investment in the area though. An area which helps the economy grow and in process creates good services and jobs for everybody.
- peterashford 4y agoYou really need to learn how to respond to arguments without constructing strawmen. You can't get to a resolution of different viewpoints by misrepresenting the opposing argument
- r00fus 4y agoYour argument is a strawman - but yes, ideally this would come via additional taxation or regulation of investment (which we do now, but not well enough).
- nickpp 4y agoThat would restrict access to early investment deals and opportunities for regular folks even more (today you have to be a "certified" investor) in turn increasing wealth inequality and social mobility.