- Aug 4, 2009
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- #141
Not what I saidSo let me get this straight, RW, do you want the money to double taxed as capital gains and income or only taxed as income?
Only Capital GAINS are taxed....not the original principle
Treat it like any other income
The capital gains get taxed one time as capital gains tax. Then you want to add the capital gains (which has already been taxed once) to income, to be taxed again.
Is said it should be taxed at the same rate as from someone who actually worked for it
Right, I asked you to clarify and you never did....but in any case your idea is a joke..the economic engine that makes this country go is investment. Even democraps admit that - they just want the government to be the ones investing, whereas conservatives have belief in the private sector.
The investors move the pieces.
But it is the pieces that are creating the wealth. Investors only determine if that wealth comes from point A or point B
Labor creates wealth......not the capitalist