• HulkSmashBurgers@reddthat.com
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    2 months ago

    I think it’d be great if the tax rate on gains (when selling stock) was based on the entire value of all stocks a person has.

    So if Elon sell some stock (a dollar or a billion), his gains tax rate is higher than someone selling stock whose entire stock value is less.

    It’d also be nice if retirement accounts (401k, Ira) were excluded from this.