r/Glasgow Tools

Title
Author	Cannonieri
Comment	I find it funny the Metro are calling an increase in capital gains tax a tax on the middle class. The vast majority of the middle class couldn't care less about CGT. CGT should be taxed highly because the gains are often just the result of hyperinflated assets due to government interference.
Reddit Link	https://www.reddit.com/r/glasgow/comments/ns0zcb/why_are_house_prices_going_nuts_in_glasgow/h0jsm7g/
Created	Fri 4th Jun 2021 9:59am
Status	normal ()

I find it funny the Metro are calling an increase in capital gains tax a tax on the middle class.

The vast majority of the middle class couldn't care less about CGT.

CGT should be taxed highly because the gains are often just the result of hyperinflated assets due to government interference.