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- A tumblr site dedicated to the people and places that make up Oregon and Southwest Washington.
If I buy stock and later sell it for more, I have a capital gain but have created no jobs. If I buy an apartment building and later sell at a profit, I have a capital gain but have created no jobs.
If I start a company, hire employees and successfully market my product or service, and later sell some stock at a profit, I have a capital gain and have created jobs.
Does anyone have any idea of how much of the capital gains tax revenue comes from each of these categories? Don't the capital gains also reflect the results of jobs that were created in the past and not that the money realized from the sale of the capital assets are going to create new jobs?
posted 2 years, 7 months ago
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