How our tax system helps people become oligarchs
Do you think eliminating capital gain tax and changing the rate to that of ordinary income would disincentivize ‘Alice’ from investing in the stock market? And if so, on a macroeconomic level would this harm the economy?
A fantastic description of the mechanics of our tax system .
I agree!!! We are already a country of oligarchs and many sit in congress. Interested in term limits as much needed.