Long but informative explanation of why capital gains tax increases are usually bad.

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[–]ImHereForFinance 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

Im tired of this make believe 0% interest rates where boomers print money and give it to themselves as a "loan". Asset prices have been inflated and created massive inequality. Stocks and housing should go down so that people get wealthy by producing value through work rather than sitting on assets. Interest rates should not be artificially lowered. It is not the free market.

Tax is not the solution. The solution is stopping the money printer. Tax is the hegelian dialectic