If anyone seriously tries to propose taxing unrealized capital gains, I would love to ask the question, are you therefore going to provide tax deductions for unrealized capital losses? If one makes sense, the other must, too.
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Basically I am saying that luxury taxes are great, we need more of that :) But again, that is just off the top of my head. I have a lot of ideas about economics but because it's not my profession I don't have time to actually simulate them out and see how they do.
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Also, nobody seems interested in the question of what objectively is the right tax level to accomplish some given thing. The Federal government already spends A LOT of money every year. If you suspect most of this money is wasted (as I do), then adding more to the budget
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Thanks for elucidating. Amazing how quickly twitter proves to be unsuitable for in depth conversations like this - I have lots of things I'd like to ask, but it's too much effort. So here's just one: I can't find any explanation online of exponential sales tax. Can you explain?
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Bear in mind, I am not a US resident, and found sales tax confusing and unexpected when visiting. "wait, the price you show is not the price I pay?!"
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