
Common Sense Soapbox
About this show
Short videos with a punchy, comedic tone and entertaining Socratic characters taking on trending issues and important concepts from a classical liberal perspective, written & animated by Seamus Coughlin.
Capital Gains Taxes Destroy Wealth
June 27, 2023
On this episode of Common Sense Soapbox, Florida Man finds the capital gains tax unfair, as it punishes his financial acumen. Although Sarah argues it forces the rich to pay their ‘fair share,’ Seamus explains it’s anything but — especially when it comes to inflation.
CREDITS:
Written by Sean W. Malone, Seamus Coughlin, and Lou Perez
Animated by Seamus Coughlin
Produced & Edited by Sean W. Malone
LINKS:
https://www.americanprogress.org/article/capital-gains-tax-preference-ended-not-expanded/
https://www.stlouisfed.org/en/publications/regional-economist/july-1995/should-we-ax-the-capital-gains-tax
https://www.hoover.org/research/capital-gains-tax-hike-no-gains-no-fairness
https://www.cato.org/commentary/capital-gains-tax-threat
https://www.heritage.org/taxes/commentary/its-time-stop-taxing-inflation-and-start-indexing-capital-gains
https://www.cato.org/sites/cato.org/files/pubs/pdf/tbb-066.pdf