MUSKSAYS

Elon Musk

X / TwitterPost 1783931381380423957
@Rothmus 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.

Captured source text. Text source.

Original content from X / Twitter. If unavailable, open the original link below.

Open original ↗

Source IDs: dadalyndell/elon-musk-tweets-2010-to-2025-march. Date precision: millisecond. Coverage details.

Copy link

Select and copy this post’s page URL.