If the government can print money out if thin air, why do we have to pay taxes?

1,909 Views | 36 Replies | Last: 1 day ago by one safe place
flown-the-coop
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8:18p, 12/30/25
AG
You have to accumulate it faster than they can print it.

It's called building wealth.

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In reply to Yukon Cornelius • 8:25p, 12/30/25
Yukon Cornelius said:
eric76 said:
Taxing Capital Gains is a big scam.

You end up paying taxes on inflation.


Amen. Cap gain taxes limit your upside but you're fully exposed to the downside.

Add to that that you get to pay tax on the total of all your net capital gains, whereas if you have a net capital loss (losses in excess of gains), you get to deduct only $3.000. What pencil dicked geek dreamed that up?
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