Submitted by Bozzooo t3_120yder in Washington
FireAntHoneyBadger t1_jdotr3p wrote
Reply to comment by AdventureBum in Washington Supreme Court upholds new capital gains tax by Bozzooo
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.
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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