Comments by "" (@TheDavidlloydjones) on "Trump Says He's Considering Indexing Capital Gains to Inflation" video.

  1. Allowing capital gains to be discounted by inflation is a perfectly reasonable idea -- provided they be treated like all other forms of income. Tax them yearly on a January to December year, and on a progressive scale. As things stand, though, this is a glorious example of the carnage Trump and his fellow gangsters want to wreak on the Republic. The calculation of capital, which is often reflected in both capital gains and in the resale price of companies, is already weighted very heavily in the owners' favor because it treats "depreciation," a bookkeeping entry, as though it were a valuation of capital goods, which it isn't. This means that a prudent manager can happily make money both from running machinery on the books at zero, which makes ratios look sweet, and from buying used machinery that is heavily discounted because it's been largely paid for by the taxpayer. What the hell, if it's unfair, the intelligent people behind this dope Trump will find a way of making it more unfair. Taxing capital gains as income, the sound Canadian standard of "a dollar is a dollar," is highly unlikely to happen under Trump, but the guy has done us all one more favor. He has shone his bright golden light on one more thing that needs to be fixed.
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