• Kidplayer_666@lemm.ee
    link
    fedilink
    arrow-up
    7
    arrow-down
    10
    ·
    8 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
      link
      fedilink
      arrow-up
      22
      arrow-down
      6
      ·
      8 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
      link
      fedilink
      arrow-up
      16
      arrow-down
      1
      ·
      8 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
        link
        fedilink
        arrow-up
        4
        ·
        8 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