ChrispLMarshall on Nostr: And income tax is punishing people for being productive. Not sure why cap gains is ...
And income tax is punishing people for being productive. Not sure why cap gains is worse than other taxes like income and sales. I hadn't thought of the inflation avoidance angle before though. So we have a feedback loop between the gvt causing inflation and getting more revenue from cap gains. I wonder if there is a way to modify the cap gains tax to reduce that effect.
Published at
2025-01-27 14:26:18Event JSON
{
"id": "7d3298a6e67ead2d66ba054e5bca376225f1ca6f1ca1feb08db5570f7a19fe8e",
"pubkey": "16cde121ec939778b69a5e17d7c411ecb55d10af67dd9a3b0be411aaeedbeea8",
"created_at": 1737987978,
"kind": 1,
"tags": [
[
"e",
"3d1355fd2ccf568b0e21d72c05d02780dbf0ff90a16c7238fb00a6fe3f8a133e",
"",
"root"
],
[
"e",
"917ef7bd0f179713b4323d7e3958315f94a235558280db75a509afb848291002"
],
[
"e",
"f670fdbfee8a3a424419aa156c7b537cb67c7658764f3437c992988f6099bc15",
"",
"reply"
],
[
"p",
"b9e76546ba06456ed301d9e52bc49fa48e70a6bf2282be7a1ae72947612023dc"
]
],
"content": "And income tax is punishing people for being productive. Not sure why cap gains is worse than other taxes like income and sales. I hadn't thought of the inflation avoidance angle before though. So we have a feedback loop between the gvt causing inflation and getting more revenue from cap gains. I wonder if there is a way to modify the cap gains tax to reduce that effect.",
"sig": "4f394f1d03c58371968dcb44690b56e18dc5400c5ec93b667565ceb729c92d2f1033dcd3f3eeae44109dd549dd66ede8d3c35eb1ba571b565536a55c80803775"
}
