Capital gains get preferential tax treatment. A look-back approach can be used to tax capital gains as ordinary income, eliminating the tax system's preference for capital over labor and reducing accumulation of astronomical individual wealth.
These are really very good thoughts, but I am afraid that as long as at least one party refuses to compromise on anything, it will be very difficult to even get the debate that is needed. With the recent decision of the judicial wing of this party, any future positive development will be even more difficult.
These are really very good thoughts, but I am afraid that as long as at least one party refuses to compromise on anything, it will be very difficult to even get the debate that is needed. With the recent decision of the judicial wing of this party, any future positive development will be even more difficult.