Hacker News new | ask | show | jobs
by blitzar 233 days ago
Capital gains should be taxed like income. Fuel for private jets should be taxed like fuel for a car. The corporations that generated large quantities of wealth for their owners should pay decent wages for their employees.

There is a lot of low hanging fruit.

1 comments

> Capital gains should be taxed like income.

Arguably capital gains should be taxed at a higher rate than income. But that's not going to happen, because your home's change in value is capital gains.

Homes already have giant flat exemptions for gains when sold.
The purpose of which is to encourage mobility. Sack that tax credit and watch the housing market becomes even more illiquid.