[antisthenes]

Land is taxed yearly. Stocks are taxed in cases where you profit from their sale. Dividends are also taxed in most cases as ordinary income.

I can see merit in taxing both transactions for land in stocks, but it's inaccurate to say that they aren't taxed.

You can also argue that buying land is way more necessary than a TV. Everyone needs to live on a piece of land, not everyone needs (or wants) a TV.

[Causality1]

Other "poor people" expenses are subject to both sales tax and ownership tax, like vehicles.