Post
Topic
Board Economics
Re: Should there be a tax on capital gains?
by
ufaiz50
on 22/08/2018, 06:18:51 UTC
According to my opinion, I think It's income and should be taxed. There should be a tax on capital gains because it's income and the current law is that people pay taxes on their income. If we want to debate or reform that policy, perhaps we should, but then it should be targeted at all kinds of income taxes, not just capital gains taxes. Getting rid of capital gains taxes by themselves is simply a way to cut taxes on the rich, because the rich make more money through capital gains than poor people do.

What is your thought on this matter?
In my country taxes for capital gains already exist but that includes income tax, in fact for investors I am also confused because of the calculation of how profit is made and for now there are still many gaps to avoid that tax. I agree with you to make tax regarding capital gains as long as it is not so burdensome for medium investment.