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A comment on Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in Income Taxes. Parent comment

Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in... by ericd on Wednesday February 06, 2019 @10:38PM (#19102800)
This is a very interesting point. It seems to me that we should tax capital gains at normal income rates, but only after adjusting the cost basis for inflation. It’s a little insane that we pay tax on the inflation adjustments for TIPs and other supposedly inflation neutral instruments, which all but guarantees that they lose money every year.
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Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in... by prostoalex on Thursday February 07, 2019 @02:28PM (#19107724)
Yes, incorporating inflation sets the stage for increasing the capital-gains tax.

I am not sure what the counter-argument to that is, but one thing I can think of is increased complexity of a tax return for an average joe investor, who bought and sold a few funds in his portfolio. Opponents will also likely point that an official measure - CPI - can be manipulated for political purposes.

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Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in... by ericd on Saturday February 09, 2019 @04:18AM (#19121475)
Hm yeah. I'd say that CPI is already manipulated for political purposes. Not sure if this would exacerbate it.
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