Critique of Capital Gains Taxes

I suppose my number one biggest critique of capital gains, capital gains taxes that it kind of dis incentivize you from taking certain financial and economic risks, simply because you are afraid of triggering a taxable event?

And then the annoyance is that as an individual, it motivates you from acting in such a way that you avoid triggering capital gains taxes events, therefore incentivizing you to do nothing? 

Incentive to be lazy?

for example, if I have like $2 million assets, I see a big gain investment opportunity… I feel disincentivized to sell the $2 million of assets, and to invest in something else, … because once again, I don’t want to be hit with like a $200,000 tax bill.

Let us consider… What if I invested $2 million into something, and it goes south? And I’m still left having to deal with the $200,000 tax bill? Then what?

It doesn’t really make sense?

I mean I get it if you’re like a super mega ultra corporation like Apple… And then paying taxes corporate taxes kind of makes sense. But if you’re just like an individual, an individual solo entrepreneur, a small fry ,,, capital gains taxes seems to be unethical? Or at least bad for the individual.

And isn’t America supposed to be all about empowering the individual?

Life liberty and the pursuit of happiness

Liberty ,,, economic liberty? Liberty from unjust taxes? So annoying!

Economics by KIM

Spartan bitcoin
  1. Bitcoin is Digital Capital Economic Muscle?
  2. 80/20 Living
  3. You Can’t Rent Forever
  4. Money is For Slaves
  5. Growth
  6. Think Volume
  7. Think Payoffs
  8. Kaizen Gains
  9. Cost to Capital
  10. Price vs Value
  11. EVERYONE WINS!
  12. INVESTING PR’S
  13. The Philosophy of Investing
  14. ERIC KIM VENTURE CAPITALIST
  15. How to FIRE (Financial Independence Retire Early)
  16. How to *Save* a Million Dollars
  17. Increase Value
  18. MAYBE IT IS A GOOD IDEA TO BUY HIGH
  19. Banks Are the True Menace to Society
  20. THE PROMISE OF FUTURE MONOPOLY PROFITS?
  21. High gas prices are good
  22. What is Capitalism?
  23. Pride in What You Paid For
  24. On Making Money from Nothing
  25. Save Money Towards What Ends?
  26. No Regret Investment