Re:It’s better to be born rich than gifted
by mikekij on Saturday October 13, 2018 @05:56PM
(#18210218)
A rational investor is concerned with risk-adjust returns after taxes. The fact that capital gains rates are lower than income rates allows an investor to accept a higher level of risk than if the two tax rates were lower.
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Re:It’s better to be born rich than gifted
by perfunctory on Saturday October 13, 2018 @06:06PM
(#18210267)
Ok, but this has only to do with relative tax rates - capital gains vs. income. It says nothing about absolute rates.