darthskull@lemmy.catoAsklemmy@lemmy.ml•To everyone who hates the concepts of landlords and rent, what counts as being a landlord?
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7 months agoIf you just go after capital gains as income, you’re also going after people’s savings and retirement accounts. Not good.
Unless you just make the tax progressive, like any sane system. It can start at 0 for the average retirement savings amount of capital gains and just go up once you start reaching crazy amounts of wealth
We’re talking about unrealized gains. Currently only realized gains are taxed.