Very few would risk investing if Gov'ts,
at any level, started taxing
yearly gains on investments
held for potential appreciation...
It would start a DEFLATIONARY
spiral from higher priced
assets that would also push
down lower tier assets...
Real estate and equities, etc,,,
And Govt's want inflation to
boost tax collections even when
economic growth is flat...
Politicians don't care about
workers when pawning about
boosting minimum wage...
They want to increase tax
revenue collections...
The hell with the cost of
living rise hurting families...
Economics 101 course attendance
should be required prior to any
politician seeking office...
Then the politicians wouldn't
appear to grade so low on the
Common Sense scale...
So we watch...LJ