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Politics : Politics for Pros- moderated

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From: TimF12/7/2021 9:28:09 PM
2 Recommendations   of 763085
Tax Policy
by Steve Landsburg
on October 25, 2021
in Bad Reasoning and Current Events

I thought the whole rationale for taxing capital gains in the first place was that we want to discourage inefficiently frequent trading.

If you buy that rationale, then the last thing you want to do is tax unrealized gains. If you don’t buy that rationale, then why tax any gains?

Unless, of course, you’re more into thuggery than rationales….
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