Income Inequality: So What?

[dcarrigg]

Re: Income Inequality: So What?

Reason for lower capital gains rate is likely because of inflation effect. In reality capital gains should be
indexed to inflation to account for the risk of holding gains longer term.

Current income is taxed as it is because it isn't put at risk for long periods of time.
Most workers are taxed below the capital gains rates anyway.

Indexing to inflation would be fairer than just a one year holding period.

VT, the good news is, me and my ideas have been losing hard for decades and every one of your ideas is either currently reality or is in the works to be reality soon. This is your utopia. We're living in it.

[Techdread]

Re: Income Inequality: So What?

VT, the good news is, me and my ideas have been losing hard for decades and every one of your ideas is either currently reality or is in the works to be reality soon. This is your utopia. We're living in it.

EJ posted a chart like this a while ago.

"All that American elites could do was to keep trying more and more extreme forms of capitalism — because they’d already assumed that the answer to the question of prosperity was capitalist utopia. Hence, capitalism went extreme, and became dystopian."

https://eand.co/how-capitalist-utopia-became-everyone-elses-dystopia-a25a88713956