re: #343 Obdicut

I don’t know what you mean by ‘earlier’. We should take inflation into account because it penalizes long-term investments not to. Long-term investments are a good thing.

You’re not reading what I’m actually saying. I’m saying that a capital gains tax that isn’t tied to income rewards short-term investments. We need more long term investment, so we should stop rewarding short-term investment.

Uh, really? That would be a huge boon for the rich. All they’d have to do is have their trusts to flip every year. They just recycle the money they made back into the trust. That’d allow an effective 0% capital gains tax rate.

Is there something I’m missing here?

Tell you what, Obdicut. I’ve got to go, but want to answer your questions. So what I’ll do is make a page, and point to it in whatever the current thread is at that time. Then I can both answer questions of things I’ve considered, and ponder the things I haven’t.