A start, but needs to be coupled with heavy income, corporate and consumption taxes. The tax code also needs to be ripped up and replaced with a straight forward simple. So simple that there's no benefit in looking for loopholes or avoidance schemes.
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Ridiculous.
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Aoc gets her gnd for the last 3 weeks
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Misguided like most taxation. Capital gains are from investments made on money that has already been taxed as income. There is no risk to the government therefore there should be no reward. There should be no deductions for losses and the tax rate on gains should be ZERO
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Dumb too.
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No no no no no. Make the income tax code less steep and replace payroll taxes and the corporate income tax by a 20% VAT. Not more unfairness. Why did Romney lose in 2012? Why did Obama win twice? Cap gains tax cuts!
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