capital tax
the long term capital gains tax is 15%. the rationale is we want rich people to preferentially invest in u.s. companies. if ltcg's were taxed as normal income the super rich would be motivated to invest their money outside the country. the ltcg tax rate has been steadily declining. and i think that trend will continue. the low rate has made me rich. i have the real power, money. people want stuff. they come to me. i say: oh no i can't invest in that. that is not competitive with some juicy looking foreign thing. unless, i say, we lowered the ltcg's tax just a little. again. i'm gonna be so rich.