magiceldridge’s Twitter Archive

…in reply to @lengau
lengau I'm certainly persuadable! But my thought was the current captial gain is to encourage investment for the sake of the economy. Capping it at $1MM (or whatever) would be a way to encourage it for the sake of the individual, while removing most of the negative effects
Permalink On twitter.com 2021 Jan 29 Mood +4 🙂

…in reply to @magiceldridge
lengau I was thinking of it similarly to 401(k) or Roth IRA -- we can have a tax code to incentivize those who can saving for retirement, but at a reasonable limit so no individual or small group could weild it disproportionatly.
On twitter.com 2021 Jan 29 Mood -1 🙁