Capital Gains

[P F Tinmore]

Why should someone who busts his ass for his money pay higher taxes than someone who sits on his ass for his?

 

[Dekster]

Why should someone who busts his ass for his money pay higher taxes than someone who sits on his ass for his?

To encourage more investment in the Wall Street shell game

 

[JackOfNoTrades]

Why should someone who busts his ass for his money pay higher taxes than someone who sits on his ass for his?

Make more, earn more, get taxed more. Pretty sure that's the way the systems was set up and designed to work.

 

[shockedcanadian]

Without investment many companies woudn't possess the resources to grow, certainly not as fast as they could.. This in turn, allows others to be employed.

 

[rightwinger]

Why should someone who busts his ass for his money pay higher taxes than someone who sits on his ass for his?

Someone who works for a living is creating wealth.
An investor is just moving wealth from one place to another

 

[Soupnazi630]

Why should someone who busts his ass for his money pay higher taxes than someone who sits on his ass for his?

Why should either of them pay more?

Rather than bicker over who should pay the most, cut everyone's taxes and demand the government only spends what it takes in.

 

[Independent thinker]

Why should someone who busts his ass for his money pay higher taxes than someone who sits on his ass for his?

Spoken like a true socialist.

 

[John Edgar Slow Horses]

Why should someone who busts his ass for his money pay higher taxes than someone who sits on his ass for his?

Great question. Having earned it in all ways and pays, I don't mind paying less taxes when I can.

 

[rightwinger]

Spoken like a true socialist.

Adjusting the tax structure is not socialism

 

[Hum Dinger]

It used to be that company profits were taxed half when they were first declared, then half when distributed to stock holders. That encouraged companies to not distribute profits, but to reinvest the money thereby creating jobs and expanding the economy.

Back in the early 2000, the republicans characterized this as taxing twice and used the argument to reduce the capital gains tax. The result is the companies have a greater incentive not to reinvest profit, but to distribute to stockholders instead.

 

[TNHarley]

Not sure why it matters how someone earns their money legally..
Oh wait.. I forgot. the OP is a raving moonbat.

 

[rightwinger]

Not sure why it matters how someone earns their money legally..
Oh wait.. I forgot. the OP is a raving moonbat.

If it does not matter
Why are Capital Gains taxed at a lower rate?

 

[TNHarley]

If it does not matter
Why are Capital Gains taxed at a lower rate?

Ask the duopoly you love so much.

 

[SassyIrishLass]

If it does not matter
Why are Capital Gains taxed at a lower rate?

Capital gains are taxed more likely more than you've ever paid

 

[rightwinger]

Capital gains are taxed more likely more than you've ever paid

Coming from someone who relied on someone else to support her, her whole life

 

[Burgermeister]

Capital gains taxes are arbitrary confiscation of wealth just because they can. The asset was bought using money that was already taxed, and being sold to someone using money that was already taxed to buy it, so the profit has already been taxed.

 

[SassyIrishLass]

Coming from someone who relied on someone else to support her, her whole life

Stop lying ya fckn old dimwit. You don't know the first thing about me so stop pretending you do....lady boy

 

[rightwinger]

Stop lying ya fckn old dimwit. You don't know the first thing about me so stop pretending you do....lady boy

You never attended college
Have no skills
Never worked a day in your life
Gold Digger

 

[Burgermeister]

If it does not matter
Why are Capital Gains taxed at a lower rate?

Capital gains are treated as regular ordinary income until one year, when the rates lower. A completely arbitrary rule because the money involved with a capital gains transaction has already been taxed at least once.

 

[rightwinger]

Capital gains taxes are arbitrary confiscation of wealth just because they can. The asset was bought using money that was already taxed, and being sold to someone using money that was already taxed to buy it, so the profit has already been taxed.

You are not paying taxes on your principle
Only your Capital GAINS