edthecynic
Censored for Cynicism
- Oct 20, 2008
- 43,044
- 6,883
The inflation rate for those 10 years was an average of 2.64% per year so your $1000 profit would be worth $736.00, so how FUZZY must your MATH be to lie that you "really lost money" due to inflation??????How is new income being taxed "double taxation"?
How about trading in that double taxation for unlimited liability?
Yeah, didn't think so.
How is it NEW income if it really is just inflated dollars.
Obviously didn't watch the video or it couldn't permeate your closed leftist mind.
But if you invest 5,000 dollars in 2000, sell it for 6,000 dollars in 2010, but with inflation you really lost money, then a capital gains tax is taking more than 100% of that, isn't it?
Why am I not surprised you can't see that.
Last edited: