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My Recent Comments
I think Capital Gains is a big question. I am no fan of income redistribution but the question I have is ...how is Capital Gains treated? The wealthy acquire a huge chunk of their wealth from Capital Gains which is not taxed as ordinary income. Are investments a form of consumption? There is a point in the wealth ladder where one starts to have cash to invest without affecting life style. Getting to this point is a big advantage. Providing a tax advantage is a double positive. This a situation that I might advocate for change. 7 months ago