@Silentiea@lemmy.blahaj.zone avatar

Silentiea

@Silentiea@lemmy.blahaj.zone

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Silentiea,
@Silentiea@lemmy.blahaj.zone avatar

Capital gains taxes are only levied against the profit earned from investment, not the gross value returned to the stakeholder.

If someone buys a stock for $100, then later sells it for $150, only $50 is taxed. So the money that was “already taxed” by income taxes isn’t being double taxed at all, regardless of the rate of the capital gains tax.

Unless, of course, you count the fact that it was taxed as income by the person who gave it to you, in which case all money has been taxed numerous times before and the argument is that taxes in general are bad.

Silentiea,
@Silentiea@lemmy.blahaj.zone avatar

In their house, my sister is already using the threat of Christmas big brother against any minor hijinks that their kid gets up to.

Oof, that seems a bit much to me. Does she tell stories about the bogeymen or Baba Yaga, too? I’d rather my child be concerned with the actual consequences for their actions rather than the imagined ones

Silentiea,
@Silentiea@lemmy.blahaj.zone avatar

Yeah, it’s not the very idea of Santa I’m railing against here, it’s using him as a bogeyman to control behaviour.

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