[Paladin2]

"the definitions of capital gains and investment income for tax purposes do not account for inflation. "

Inflation is theft.

[1rudeboy]

Inflation is theft.

Yeah the comment that inflation is, "widely reviled as a kind of tax on modern life," struck me.

Inflation is a tax on savings, and if anything, "saving" is not an aspect of "modern" life.

[grania]

inflation is theft

Near-zero interest rates on savings is theft.