I always wonder why government officials feel the need to “protect investors”.
Well, some government officials like to say they’re worried for investors. They don’t want investors to get hurt. They don’t want investors to lose money.
But that’s the nature of investing. Investing comes with risks. Every investor knows that.
It’s not any of the government officials’ business to stop investors from taking risks.
It’s not right for the government to spend our taxpayers’ money (collected from everyone in the country) implementing various measures to “protect investors” (which are just a group of people in the country).
It’s not fair.
Furthermore, since government officials are rather risk-averse in nature (otherwise, they would be working as investors or businessmen), they then are more likely to block a lot of investment opportunities, causing investors to put in a lot more time and energy finding and investing in attractive investment opportunities.
And what happens when investors become successful in their investing endeavors?
These government officials will swoop in and tax the investors.
Not only do the government officials become hindrances to investors, they also want a cut when investors become successful, despite the many roadblocks created by the officials too!
These are very disgusting behaviors.
#economics #government #tax #regulations #investing