I'm not strongly arguing the case, btw. Just making the point that if you're investing with after-tax money, that's different to earning pre-tax income from labour.
I'd still tax it equally - but it's not an open and shut case, IMO.
I'd still tax it equally - but it's not an open and shut case, IMO.
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Which, again, is why I'd return CGT to indexation :)
We also need to think about an inheritance tax.