Taxing

Taxing t1_jcnhqmy wrote

You have an incredible attitude. Tax policy is fascinating and worth investigating. There is a long history of why the preferential capital gain rate was instituted, and the benefits resulting, the most important at the time was stimulating investment. With the present increases in wealth disparity, there are calls to shift policy. Somewhat recently there was a 5% increase for high income earners, and variations of the Build Back Better Act attempted to make more material changes, but did not pass.

Before tax policy, maybe research the Dunning-Kruger effect.

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