re: #31 Obdicut

It’s pretty easy. Tax capital gains like regular income, minus inflation since investment. Done.

So, stock options— which are instantaneous when exercised for a turnaround sale— would be taxed fully. If exercised, held onto, and sold later, they’d be taxed minus the inflation. This is to prevent long-term investment from being penalized.

But of course, it’ll never happen, because capital gains is the driving force behind most of the country’s richest men, and they will pay through the nose to ensure they stay that way.