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://s.wsj.net/public/resources/images/ED-AH336C_darda_20080409172415.gif)
Thoughts and discussions on economics, finance and investing, with a focus on China – a publication by MG Research
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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://s.wsj.net/public/resources/images/ED-AH336C_darda_20080409172415.gif)