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Clint Siegner

Sound Money Is Rising at the State Level

Mises Wire

Author: Clint Siegner

Online Publish Date: March 6, 2017

Inflation is the most pernicious of taxes levied by our government. Officials systematically devalue the dollar, then levy capital gains taxes on assets when their dollar price rises. The “gains” are largely illusory. Rising asset prices over time reflect the fact that the dollar buys less of everything. But the tax obligations triggered by this

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