Re:Raise the capital gains tax and treat investment earnings...
by munk-a on Monday January 28, 2019 @06:37PM
(#19022223)
I don't understand why investors would do this, it seems like an unnatural response. If all capital gains are being taxes as income these investors would just voluntarily be choosing to make less money if they picked this strategy.
Their strategy selection would equalize to being about what it is now but each cycle would yield them less money to reinvest and yield the government more money to invest. It can be your opinion that private investors are more efficient than the government but funding our "necessary services" (i.e. having an army, what not) is so deprived of income that it is being extracted through a regressive income tax.
FYI, I'm all for cutting pork, but the income stream and what we end up spending that money on are two different issues.
Their strategy selection would equalize to being about what it is now but each cycle would yield them less money to reinvest and yield the government more money to invest. It can be your opinion that private investors are more efficient than the government but funding our "necessary services" (i.e. having an army, what not) is so deprived of income that it is being extracted through a regressive income tax.
FYI, I'm all for cutting pork, but the income stream and what we end up spending that money on are two different issues.