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There seems to be a lot of people equating investment (often by the rich or owners of business) with people returning all/most of their wage income back to the
by pdkl95 12y ago
There seems to be a lot of people equating investment (often by the rich or owners of business) with people returning all/most of their wage income back to the economy (the poor or middle class that spend their paychecks directly).
If these activities are the same, I assume you would agree that they should also be taxed the same? If so, we should really get rid of "capital gains" taxes and tax those profits as regular income. Otherwise there would be a severe bias introduced into the economy from the uneven application of taxes.
/or, maybe there is something different about investments after all...