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AdventureBum t1_jdo283x wrote

Reply to comment by FireAntHoneyBadger in Washington Supreme Court upholds new capital gains tax by Bozzooo

I don’t have any capital gains, and I think it’s bullshit that they’re taxed at a lower rate than earned income.

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FireAntHoneyBadger t1_jdotr3p wrote

Capital gains come with risks. Many people lose money when investing their money. Encouraging investment in companies is what makes humans flourish rather than squirreling the money away in a mattress.

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AdventureBum t1_jdoucyr wrote

It’s also how the rich make the bulk of their wealth, which they then use to leverage non-taxable loans.

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