- May 20, 2009
- 144,934
- 67,549
- 2,330
move the rate on capital gains back to the same rates as ordinary income so all income is treated the same.
Why?
Why does someone who earns $30,000 digging a ditch pay taxes at a higher rate than someone who earned $30,000 by moving money from one place to another?
Because they already paid taxes on the money they used to make the investment