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A comment on U.S. bill to exempt small virtual currency transactions from CGT [pdf]. Parent comment

Re:U.S. bill to exempt small virtual currency transactions f... by hurricanetc on Tuesday January 21, 2020 @07:44AM (#22106390)
It’s the difference between the value of the stock and dividend payout before and after corporate taxes are paid.

If you bought stock in January 1, 2019 and then sold the stock before the end of 2019 then you were double taxed. Your effective rate is still low in the history of the US but you were technically double taxed.

Where it gets tricky and fundamentally alters the equation is when you defer and don’t sell in the same year you bought. You’re still technically double taxed but the effective rate can become comically low.

I’m also just outright ignoring inflation but inflation is a huge aspect in this calculation.

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Re:U.S. bill to exempt small virtual currency transactions f... by drcode on Tuesday January 21, 2020 @07:49AM (#22106414)
Not a single comment in this thread, nor the OP document, contained the word "dividend", so I am completely lost as to why you are now referencing something that applies only to dividends, when the discussion clearly is about "investment income" in the general sense, not to mention that dividends don't exist with cryptocurrencies.
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