One of the biggest problems in the US is that for a long time the Capital Gains tax rate is about…

But that sense of security is misplaced. Money doesn’t actually give anyone security. People give each other security. That’s how we’re built. You can pay people for security, for sure. But even people who have been pa…
Who knew that slavery by asset bubbles is a lot more efficient than wage stagnation?
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ScottCDunn
Jack Albrecht
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Apr 19, 2024
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One of the biggest problems in the US is that for a long time the Capital Gains tax rate is about 1/2 of income tax rate.
In other words, the US system rewards investing in "owning" more than investing in "working." So that is what people with money to invest in the US are doing.
Until the US returns to taxing profits on asset appreciation at the same (or higher) rate as income, the situation will not change.
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Written by Jack Albrecht1.1K Followers
·376 Following
US expatriate living in the EU; seeing the world from both sides of the Atlantic.
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