Moe on Nostr: Capital gains tax ends up being a double tax, and much of it just taxes inflation. ...
Capital gains tax ends up being a double tax, and much of it just taxes inflation. Responsible savers who’ve balanced their budgets are punished for the reckless spending of a government sinking deeper into debt. #Bitcoin highlights the flaws here.
Adding capital gains tax on top of income tax feels like outright theft—especially when the government can’t even manage the taxes it already collects.
Published at
2024-11-15 03:29:30Event JSON
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"content": "Capital gains tax ends up being a double tax, and much of it just taxes inflation. Responsible savers who’ve balanced their budgets are punished for the reckless spending of a government sinking deeper into debt. #Bitcoin highlights the flaws here.\n\nAdding capital gains tax on top of income tax feels like outright theft—especially when the government can’t even manage the taxes it already collects.",
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