Bill Gates: What I’m Thinking about This New Year’s Eve (opens in new tab)

(gatesnotes.com)

6 pointsgabcoh6y ago2 comments

2 comments

2 comments · 2 top-level

> We should shift more of the tax burden onto capital, including by raising the capital gains tax, probably to the same level as taxes on labor.

Where I live (Finland) capital gains tax is 30% if the gains are less than 30,000 EUR/year and 34% from above. I think it's completely fair. I get most of my income from capital gains, btw.

atlasunshrugged6y ago

This is really fascinating, basically an examination of ideas to change the U.S. tax code to make it less regressive and more fair for the majority. Spoiler - a lot of it includes taxing the wealthy at higher rates and taxing capital and assets

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