And then they tax the hell out of you! I THINK they should adjust taxes inversely and proportionally to the rate of inflation! As inflation goes up, taxes goes down, and vice versa...
They definitely should do that for investments. You are paying taxes just to stay even. And if trading is how you do it then that's short term capital gains tax. Income should mean more value to your name. But the dollar isn't really a fixed unit of value.
Right! The Stock Market has transitioned into a glorified casino. And they've hijacked our retirement (ie the dreaded 401K) to ensure that their casino stays solvent...
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