• Kidplayer_666@lemm.ee
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    4 months ago

    Taxing expected return sounds a bit absurd. What if the capital turns out to be lost, does the state give the tax back?

    • AllonzeeLV@lemmy.world
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      4 months ago

      Greed should be punished, pro-social vocations rewarded.

      Greed is a an antisocial force more effective in its destruction than even hatred.

    • BorgDrone@lemmy.one
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      4 months ago

      In practice it means that the rich pay very little tax. It’s been an ongoing debate for years, and changes are being worked on to tax actual gains.

      • Kidplayer_666@lemm.ee
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        4 months ago

        Dude, I have much of my savings for retirement invested in stocks (ETF’s, it’s a fairly safe investment) since the social security in my country kinda sucks. My return on investment is 5% a year. Having a 6% tax actually means I lose money