
Dustin
18.6K posts

Dustin
@DustinTPeterson
Psychology. Philosophy. Politics. Religion. Druidic Pagan. ExMo. Eco Socialist. Medical Assistant. Dog trainer. 🏳️🌈🌱



This is where the “tax the rich” crowd lose me. Say I earn 90k a year and in 2027 I inherit $200,000 I invest that $200k and after 10 years in the stock market it’s now worth $400k If I sell it and realise the $200k capital gain, what the govt and the “tax the rich” crowd are saying is that I should be taxed as if I make $290k every year. Now if I try and split that CGT income across 2 people I’m “greedy” and avoiding tax But if I sell down in 4x $100k lots over 4 years and minimise my tax, that’s ok and nobody bats an eyelid - but it’s the same principle.






WATCH: A meteor streaked into Mayon Volcano in the Philippines as the volcano was erupting.














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