Comment on Is it really possible to tax the rich?

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SorteKanin@feddit.dk ⁨5⁩ ⁨weeks⁩ ago

Should the government collect taxes on the buoyant times but then refund them during market downturns? That would be a nightmare. No government wants to be on the hook for refunds during a downturn.

AFAIK Danish tax on stock gains/losses works like this. Stock gains are heavily taxed while stock losses give you a tax rebate.

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