Income tax rates being so high compared to long term capital gains tax is ridiculous. If you actual work and produce something useful for society, you end up giving A third to taxes. If, on the other hand, you made 400k by selling off stocks you’ve owned for over a year you get to pay 15%.
But taxation is theft and theft is the fundamental value of the left
Income tax rates being so high compared to long term capital gains tax is ridiculous. If you actual work and produce something useful for society, you end up giving A third to taxes. If, on the other hand, you made 400k by selling off stocks you’ve owned for over a year you get to pay 15%.