Pick one or the other. Capital gains tax + Inflation is just them curb stomping you.
You want to buy a 5% bond when inflation is 4% ?
Cap gains of 20% removes all actual gains.
Pick one or the other. Capital gains tax + Inflation is just them curb stomping you.
You want to buy a 5% bond when inflation is 4% ?
Cap gains of 20% removes all actual gains.
They just click a button and print at much as they want and there is nothing I can do about it.
By saving only in Bitcoin I am shielding my savings from inflation. They have to coerce me to pay them cap gains tax. Thats a lot of people to coerce, especially if we collectively stand up against taxation. They cannot just take my wealth because I am the only one who has access to it.