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 Originally Posted by OngBonga
Of course it is, it's the same as profit, because it is capital gain.
While a capital gain is a profit, it is a different "profit" than wage or salary income because of present value. In short, a capital gain in the future can be much larger than a wage today yet both have the same present value. This is one of the main math reasons why capital gains are better treated as "less than wage/salary income".
If I could guarantee that I'd bring down people's energy bills by half, I'd win votes. Incentive.
I'm unsure how you would do that. By decree?
BP drill for oil. It's hard to be enthusiastic about a company that engagesz in such activity.
Which is pretty funny since if we stopped getting oil people would get on hands and knees begging for the companies to start up again since most lives would be virtually destroyed by no more oil.
When the government bail it out, they essentially buy shares, but whenever that happens, the government nearly always seek to sell their shares in the future. I dunno if that happened with BP, but it certainly did with the banking bailouts.
The 2008 crisis and related economic issues are a remarkable example of government intervention causing the problem(s).
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