Rothmus 🏴
@Rothmus · Apr 26, 2024
Elon Musk
@elonmusk
Yes, inflation causes prices to rise, but not value, so it amplifies the capital gains tax.
This applies to everyone who owns a house. Even if your house value is the same when adjusted for inflation, you will still pay a capital gains tax even when there is not a true gain.
06:49 PM · April 26, 2024 · 65.6K views
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