A capital gains tax is an extremely unfair tax to investors, let me explain why. It’s basically a tax on inflation. Think about it: when you receive income from a job, that money is in current dollars. When you get rental income or royalties, it’s in current dollars. But with capital gains, you’re comparing the price you sell something for today with the price you bought it for years ago. Those are not the same dollars. There’s been inflation in between. And the fact that something sells for a higher price now doesn’t necessarily mean it’s worth more, it often just means the dollar has been devalued. It takes more dollars to buy the same thing. Now, how much inflation has there actually been? The government might say it’s 4%. But do you believe that? Many argue it’s closer to 10%. John Williams at ShadowStats even suggests it’s consistently higher than what the government reports. Let’s take an example. You buy a rental property for $300,000. Five years later, you sell it for $500,000. The house hasn’t really gained value — it’s older, has more wear and tear — but you’re now being taxed on a $200,000 “gain.” At a 20% capital gains tax rate, that’s $40,000 in tax. But you didn’t make $200,000 in real profit — that’s just inflation. The government is taxing what they inflated. Inflation is a form of stealing. And now they're taxing you on what they already stole. Let’s look at crypto. Say you bought Bitcoin at $10,000, and now it's worth $1,000,000. Still the same Bitcoin — its quality hasn’t changed. But everything else around it has declined in value because the dollar has lost so much purchasing power through money printing. So why should you be taxed on a $990,000 gain? The government wants 20%, nearly $200,000, of that. But what did they do to earn it? You took the risk, held through the emotional turmoil, and now they get a cut? And it’s not even just 20% — when you add the Net Investment Income Tax (NIIT), you’re up to around 24%. That’s nearly a quarter of your gain. It’s not fair. This is a tax on inflation, created by government policy. What’s the solution? One proposal is to index capital gains to inflation. That means the longer you’ve held an asset, the more you adjust its sale value based on inflation before calculating tax. But that depends on whether you trust the IRS to determine a fair inflation rate. Another approach, already adopted by several countries in Europe and Asia — is much simpler: Zero tax on long-term capital gains. If you hold an asset for more than a year, no tax. Period. The whole reason we have different tax rates for short- and long-term gains is to discourage constant trading (or “churning”), which doesn’t contribute to real economic growth. Long-term investment, on the other hand, brings stability, liquidity, and sustained value. Eliminating long-term capital gains tax would have a low impact on the economy, but a big positive effect on investment in the U.S. So what do you think? Should the government act now, especially with tax reform discussions tied to the Clarity Law? Maybe this is the time for Donald Trump to step up and say: "Capital gains tax is unfair because it taxes inflation. It’s time to remove long-term capital gains from the tax code." If you agree, please share this message. There’s power in numbers, and getting this in front of the right people starts with you. $btc $eth $ada $sol $xrp $link $doge