>> When people buy stocks they buy them from the previous owner. None of what you spend on stocks goes to fund the underlying corporation's operations.
Wrong. Outstanding shares of company stocks fluctuate. They offer new shares all the time. Try again.
>> Capital gains are only the new money earned by the money that you invested after paying taxes on it. The idea of double taxation is a conservative media myth.
New money? ROFL Wrong. You are paying taxes on the return on investment for money that you already paid taxes on. Double taxation. Return on investment is not evil you twerp.
>> Liberals believe that monetary wealth should be earned from work that creates inherent wealth.
I see so building a company with assets does not create wealth. ROFL Assets reduce wealth. ROFL you guys are just retarded face it.
>> It sounds like you're a believer in inherited royalty.
ROFL assets are not royalty. Do you parents have a 401k? Are they "royalty?" Do they have a house? Does that make them "royalty?" If I give my assets to my children that makes them "royalty?" ROFL
>> No wonder conservatives want to go back to the founding of America including slavery so that other people do the work.
The only one making slaves of people are the democrats by taking peoples income against their will. Funny how things never change with you slavers.
What you have done is clarify the reasons why you have learned so little through life.
''Wrong. Outstanding shares of company stocks fluctuate. They offer new shares all the time. Try again.''
Right. New stock issues are a tiny percentage of trades.
'' You are paying taxes on the return on investment for money that you already paid taxes on. Double taxation.''
You pay income taxes on what you get paid for working. You pay capital gains taxes on what you make investing.
No dollar is taxed in both ways.
'' I see so building a company with assets does not create wealth.''
How much wealth does an empty factory produce?
''assets are not royalty''
People who don't have to work because of who their parents are are royalty.
''taking peoples income against their will.''
You don't have to pay US taxes for all of the government services that you take advantage of. Just stop using the services by moving.