Summary: Investors face nominal asset gains that are taxed without adjusting for inflation-driven depreciation, effectively amounting to double taxation on their already eroded real returns.
capital gains tax isnt theft, just a murky way for the govt to fund stuff. inflation muddles gains, true, but calling it theft oversimplis the whole mess, in my opinion.
Interesting perspective—if we adjust for inflation, could capital gains tax become fairer? Maybe even tweak it to boost investments while funding public services. What changes do you think could work without discouraging growth?