Thoughts and discussions in economics, finance and history, with focus on China's interactions with the global economy.
Tuesday, April 22, 2008
inflation indexed capital gain tax
When inflation is rising, the effective capital gain tax also rises, which hurts investment and economy. Here is a piece from WSJ advocating inflation indexed capital gain tax.
![[The Inflation Threat to Capital Formation]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_u2xr7vdB9XVyYZoRF9SasaD_2BjLg9MmKdo-Ze0YwRpFDDb2CoNpersxhuGXXHn4U_Ux-HyKyuGkDYLB9p4d1iCl063Y9jmjuMmR9CVCVCJR5aLNVkkxPuMWAFn_SWq6OJiqEwsYGBeq7ujtjcYA=s0-d)
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