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2023-03-06 03:46:07 UTC
in reply to

EdwardDiamondhands on Nostr: I think it was a Cory Klippsten tweet that enlightened me into understanding that ...

I think it was a Cory Klippsten tweet that enlightened me into understanding that Capital Gains Tax is a tax on anyone who manages to beat #inflation.

He who issues the currency mandates that his debasement be borne by all.

(Except those lucky few who are rich enough to never need to realize their capital gains…)