Re:Raise the capital gains tax and treat investment earnings...
by munk-a on Monday January 28, 2019 @06:55PM
(#19022356)
You have a point, it would be disruptive. I believe it's the right move for the long term but there may be a better way to approach introducing it - suddenly cutting out any deductions for charitable giving would likely bankrupt those charities before government subsidization or non-tax deductible giving could pick up the slack, for instance.
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Re:Raise the capital gains tax and treat investment earnings...
by hnmonkey on Monday January 28, 2019 @09:07PM
(#19023063)
Agreed, it would have to be phased in/out over time in a very smart way to not crush businesses and accountants. Doable perhaps over a long span of time if everyone agrees to it but man would it be a longshot. I'd imagine it would still have devastating second and third order consequences that aren't apparent until it's too late.