2 ms·
Why not just cut out the company entirely and go after something much easier to audit: capital gains taxes. This is money obtained for doing nothing (i.e., lik
by joquarky 6mo ago
Why not just cut out the company entirely and go after something much easier to audit: capital gains taxes.
This is money obtained for doing nothing (i.e., like UBI but for the wealthy).
It should be taxed heavily and in inverse proportion to how long the investment was held. For example, HFT gains get a 90% tax. Gains held over 10 years gets a 10% tax. Fit an appropriate curve in the middle.