A Humorous Breakdown of How Inflation and Capital Gains Taxes Interact
This social media post features a dialogue between an individual investor and the government, illustrating the frustration surrounding capital gains taxes. The scenario highlights a situation where an investor earns a 12% profit on stocks, but because inflation is 9%, the actual purchasing power gain is only 3%. The exchange points out that the government taxes the full 12% nominal gain, effectively taxing the portion of the profit that only serves to keep the investor even with inflation. The post concludes with a satirical remark from the government suggesting that the tax revenue has already been spent, emphasizing the perceived disconnect between economic reality and tax policy.
Progressives want to tax you yearly for the gain, even when you haven't cashed out yet. We're stuck between a rock and a hard place. Douches and turd sandwhiches
And this is how you get healthca....just kidding, the politicians just pocket it. Keep voting!
If you bought a stock that has zero dividence and only went up 12% over a period of time that had 9% inflation, then the core issue is you made a bad investment. Sure it's not nearly as bad as those who lost money but still bad
youre 12% profit is part of causing the 9% inflation, so basicly you should pay a fine for causing inflation to people who did not buy (or did not had the change) to buy stock. You buying stock is causing other people a 9% loss ..............
Taxes are not morally good or evil. They are morally neutral. Taxes should be as high as they need to be for the government to pay for the things we want the government to do. They should be collected where and when it is possible politically and makes sense economically. There i
Now think about this: The lefties are proposing taxing unrealized gains. You could be paying taxes on money you haven't really earned yet.
what you need to do is receive those shares as stock options so you pay no income tax. then you keep those shares and never sell them so you pay no capital gains tax. then you borrow against the value of those shares for the money you need, and the interest rate is lower than the
if you stop to analyse how the gov bully and fuck us over, you would get extremely angry all the time
Quit crying and start stealing from the government
Your boss pays you --> boss pays taxes You get payed --> you pay taxes You spend money --> you pay taxes Hopefully you save enough money --> you pay taxes You are alive --> you pay taxes You die --> next of kin pays taxes.