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Comment by Buttons840

Income taxes are higher than capital gains taxes.

This isn't based on economic theory or anything, it's just a political choice we have made as a country. We've chosen to reward those who move money around and trade capital more than we reward those who labor. And this at a time when, supposedly, the country is trying to increase its ability to build things.

I thought this specific fact worth mentioning.

parent Buttons840 1 year ago

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