Yes but that is because taxes are incoherent and abhorrent Why do we tax realized capital gains at all and why based on the ruler of fiat which is controlled b

Yes but that is because taxes are incoherent and abhorrent Why do we tax realized capital gains at all and why based on the ruler of fiat which is controlled by those who tax (they keep making the ruler shorter) If the goal is to creat drag on multiplicative dynamics then do so coherently Tax should make sense at least in core targets. Yet there are no core targets.