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2024-04-09 03:10:23

rewolf on Nostr: I'm trying to find documentation around the rationale of Capital Gains Tax and how it ...

I'm trying to find documentation around the rationale of Capital Gains Tax and how it came to be a thing.
More and more I'm asking "why" about taxes... I can't believe how my whole life I'd just accepted all these taxes as if they're a law of nature without questioning their justification.

CGT is basically enforced donations to the government. I read how CGT was introduced so that it share the burden that had been covered my Income Tax only up until that point. As if Tax as a whole is some given thing. It's all just so annoying.

If the government provides certain services, let me opt in and pay for the value I get. V4V. wtf is this arbitrary percentage of gains nonsense.
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npub1qj8vk9xavpu5ylgwy58v8np6yr4jhd0new9encly6wuzglpg43uqyks7e6