News for hackers. Stuff that matters.

A comment on Harvard's response to federal government letter demanding changes. Parent comment

Re:Harvard's response to federal government letter demanding... by WalterBright on Tuesday April 15, 2025 @02:34AM (#43689639)
You can invest in stocks, too. Over time, it will pay more than your salary.

If you bought a house, and it goes up in value, that increase will be a capital gain taxed at capital gains rates.

[ Parent | on HN ]
Re:Harvard's response to federal government letter demanding... by ajross on Tuesday April 15, 2025 @07:53AM (#43691470)
So how "over time" do I need to wait until I start paying the same tax rate as a billionaire? Seems like your solution to "the rich pay less tax" is "well, everyone should just be rich then"?

"Let them eat cake" makes for extremely poor federal revenue policy.

[ Parent | on HN ]