Inflationary Double Taxation
The government is robbing many people twice by deliberately causing and favoring inflationary principles.
Because of inflation the value of some real property like farmland and other holdings seems to increase in value even though most of this increase is caused by inflation.
When a family farm like ours was recently sold there was due a large confiscatory capital gains tax both on the Federal and the State levels. The land value had inflated from $2500 per acre to $12,800 per acre so capital gains tax of $10,300 per acre was due even though most of this gain was due to inflation over the past 15 years since we inherited the land.
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