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by matthew9219
1119 days ago
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It's an understandable position yes. It's not quite so understandable to me that somebody would believe that position to be an inherent truth ("truly owe") rather than just a position. Capital gains taxes have historically been lower to encourage the investment of capital. This might be good or bad policy. Many economists say it's good policy. It's stating opinion as fact. |
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That's nonsense. They have historically been lower because rich people make (or at the very least, heavily influence) the rules and so they tipped the tax scales in their favor. The 'encouraging investment' bit is just the nice sounding excuse they use.