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Ask HN: Why are you not outraged at the capital gains tax proposal?

7 pointsby greenailover 3 years ago
Since unrealized capital gains would seem to impact founders disproportionately I wonder why there is not discussion of the proposal here?

4 comments

alecstover 3 years ago
<a href="https:&#x2F;&#x2F;www.pbs.org&#x2F;newshour&#x2F;politics&#x2F;infrastructure-bill-in-flux-after-disagreements-over-billionaire-tax" rel="nofollow">https:&#x2F;&#x2F;www.pbs.org&#x2F;newshour&#x2F;politics&#x2F;infrastructure-bill-in...</a><p>I just looked it up. Why would I get outraged over something that affects less than 1,000 people, all of which who are billionaires?
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ARandomerDudeover 3 years ago
We shouldn&#x27;t have laws that target N number of people. The law should be fair and unbiased.<p>Suppose for example that N=1. Would it be ok to target one person with tax increases? What about 10, 100, or 1000 people?<p>I&#x27;m not part of the 1% and never will be. But we should make just laws.<p>Some people will think &quot;yeah, but the rich people don&#x27;t pay taxes&quot; which is exactly my problem with it. Again, we&#x27;ve created a situation in which the law only applies to some. The solution isn&#x27;t to reverse the situation, but to balance the law.
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giantg2over 3 years ago
There is a discussion here (assuming there&#x27;s not <i>another</i> tax change proposed):<p><a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=29013201" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=29013201</a><p>I think the implementation of the plan is stupid and inefficient. It won&#x27;t affect me (nor most people) directly.
relaunchedover 3 years ago
Realistically, the answer is probably to tax debt secured by unrealized capital gains.rffcdcxru dxxcxdcffdd