Hard agree. Make it impossible to dodge with loopholes for the wealthy. Eliminate capital gains and losses Taxing every trade is the only fair way to do it. And people don’t need shares of stock to live, so it’s not a burden on the poor.
Don’t worry, they’ll raise a panic alarm about how everyone and their brothers retirement pensions are invested in the market, and so “you’ll hurt the poor” will resound, ignoring that a lot of those poor never had a choice to not have their pensions gambled on the fucking market.
It still boggles my mind that almost all retirement accounts just blindy add money to the market once or twice every month and it doesn’t even move the needle! If we all knew which days our investments and matches (if you’re lucky) went in, the non-rich could also print their own money! BRB, going to talk with benefits managers that also skim everything.
Hard agree. Make it impossible to dodge with loopholes for the wealthy. Eliminate capital gains and losses Taxing every trade is the only fair way to do it. And people don’t need shares of stock to live, so it’s not a burden on the poor.
Don’t worry, they’ll raise a panic alarm about how everyone and their brothers retirement pensions are invested in the market, and so “you’ll hurt the poor” will resound, ignoring that a lot of those poor never had a choice to not have their pensions gambled on the fucking market.
I mean, it does have the potential and God forbid the risks aren’t communicated.
Low risk retirement plans however should be fine
It still boggles my mind that almost all retirement accounts just blindy add money to the market once or twice every month and it doesn’t even move the needle! If we all knew which days our investments and matches (if you’re lucky) went in, the non-rich could also print their own money! BRB, going to talk with benefits managers that also skim everything.