with Rev. Clay Nelson
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Clay Nelson © 24 February 2019
This week a Royal Commission rolled out proposals to the Government to change the tax structure with the goal of addressing income and wealth inequality. Part of their overall recommendations was a capital gains tax on investment income. As I understand it distinguished and varied experts in these matters don’t think it would be the end of the world if unearned income was taxed at the same rate as earned income. I’m pretty sure you have heard about it. Even if you live under a rock the sound and fury expressed in the media’s megaphones has been deafening, presumably by those who have investment income and the power and privilege to have their grievances heard far and wide.
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