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submitted 11 months ago by [email protected] to c/[email protected]

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[–] [email protected] 13 points 11 months ago (2 children)

So?

[–] [email protected] 12 points 11 months ago (1 children)

The lack of people understanding this is what leads to poorly written laws.

They think that all we need is an income tax to tax the rich more.

So when laws are passed saying that they'll tax anyone making more than $1mil, people don't realize that it doesn't really do a whole lot.

[–] [email protected] 12 points 11 months ago

I mean I think capital gains needs to be rolled into income tax too