Dan on Nostr: Any capital gains tax, not indexed to inflation, is theft to the extent of the ...
Any capital gains tax, not indexed to inflation, is theft to the extent of the inflation.
Inflation is NOT a capital gain. Inflation is the government printing more money they dont have, to steal and spend.
We have experienced theft by the capital gains tax so big that it will go down as one of the largest thefts in human history.
Next time you encounter any capital gains tax, just discount that gain by 8% per year to see if you actually have a real gain.
What makes matters worse is that the government has done nothing but lie about the true inflation we suffer from.
Inflation is NOT a capital gain. Inflation is the government printing more money they dont have, to steal and spend.
We have experienced theft by the capital gains tax so big that it will go down as one of the largest thefts in human history.
Next time you encounter any capital gains tax, just discount that gain by 8% per year to see if you actually have a real gain.
What makes matters worse is that the government has done nothing but lie about the true inflation we suffer from.