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Moe
npub1m0e…vt65
2024-11-15 03:29:30

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.
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