[Ohioan]

It is not a place to necessarily look for an immediate link. The damage is long-term. For assets held a long time, what happens is that there is an actual confiscation of Capital, itself; as much or even all of the "gain" in dollar pricing, may merely reflect the declining value of the dollar--i.e., monetary inflation.

See Capital Gains Taxation.

This form of taxation reflects the basic Socialist hostility to private reserves; private resources. But it is the healthy private reserves, that Americans managed to accumulate from colonial days on, that made it possible for us to once out-produce everyone else on earth, both in total & per capita. Those capital reserves, are the vehicle that enables the entrepreneur to obtain the funds for meeting a human need or aspiration, with an idea that draws investment.

William Flax

[RatRipper]

It is not a place to necessarily look for an immediate link. The damage is long-term. For assets held a long time, what happens is that there is an actual confiscation of Capital, itself;

Precisely. This country would never have been the economic engine it is without investment of capital over a long period of time. The capital gains tax rate has everything to do with the original investment decision. The Commie Rats are working overtime to destroy capital through high taxation (tax rates, high capital gains taxes, estate taxes), exploding regulatory compliance costs and inflation. I am about to start referring to local Democrats as Communists to their faces.