https://nu.federati.net/url/263051 [cnbc]

The White House is considering tax incentives for stock investing. Since a large number of people became "very rich" (over $5million in assets) due to stock price increases in 2019, this sounds like a good idea. However, some things to think about:
(1) The use tax code is already too complex (which is why Turbotax and H&R Block make so much money)
(2) Those of us who most need to take advantage of this probably don't have the funds to buy stocks and bonds to begin with.
(3) Where's the offsetting revenue enhancement? These proposals should be at least revenue neutral, and in reality, they should increase tax revenue. Future generations will have to pay for today's spending more than we tax.