News for hackers. Stuff that matters.

A comment on Biden eyeing tax rate as high as 43.4% in next economic package. Parent comment

Re:Biden eyeing tax rate as high as 43.4% in next economic p... by colinmhayes on Thursday April 22, 2021 @02:53PM (#26906626)
The government wants to incentivize investment because it causes the economy to grow. More investment = faster growth = everyone better off in the long run.
[ Parent | on HN ]
Re:Biden eyeing tax rate as high as 43.4% in next economic p... by DiNovi on Thursday April 22, 2021 @03:00PM (#26906715)
capital gains tax doesnt effect investment levels. here's a chart: https://pbs.twimg.com/media/EzmSJpLWYAgVY3V?format=png&name=...
[ Parent | on HN ]
Re:Biden eyeing tax rate as high as 43.4% in next economic p... by jppope on Thursday April 22, 2021 @07:16PM (#26909280)
Capital gains is levied on assets other than Stocks - such as bonds, real estate, royalties.
[ Parent | on HN ]
Re:Biden eyeing tax rate as high as 43.4% in next economic p... by colinmhayes on Thursday April 22, 2021 @05:19PM (#26908342)
That chart doesn't even have investment levels on it. Even if it did correlation isn't causation.
[ Parent | on HN ]