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[angelcerv25.livejournal.com]

Comments

[oslo.livejournal.com]

I'm told by an expert on everything that if you increase the tax on capital gains, you'll just increase wealth concentration at the top, because the wealthy will have less reason to realize capital gains - and will, instead, just continue to accrue them. I guess?

[peristaltor.livejournal.com]

I actually laughed at that. I wonder how many people will invest in anything that must sit and do nothing lest it be taxed. Talk about an illiquid investment!

[oslo.livejournal.com]

I guess it's entirely conceivable that investment funds will, instead of investing, take jobs that pull salaries, should the income tax and capital gains tax be matched.

[rowsdowerisms.livejournal.com]

What exactly does Jeff think the wealthy do now?