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Old Posted Jun 22, 2019, 12:11 AM
badrunner badrunner is offline
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Join Date: Oct 2016
Posts: 3,133
Capital gains being taxed at a lower rate sets up a regressive tax structure. It's not even a flat structure. It's actually punitive to the poor and working class. This isn't even mentioning all the other tax loopholes and shelters that are only available to the wealthy (example: Trump carrying a $1b loss forward for 20 years).

I see the mis-education is going well. This is why capitalists love low information voters (aka "useful idiots").

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