Ohhhhh... I get it now. Pardon me for mistaking you for a critical thinker. I thought you were interested in a discussion of political issues, but what's readily apparent is that you're simply envious that other people have more money than you do.
I mean, we both KNOW that capital gains are taxed several times before any checks are cut, so what else could it be?
You know, the REAL difference between leftists and capitalists is that leftists believe there's only so much pie to go around.
They think everyone should be guaranteed a little sliver, even though when that sliver is finally passed down by government it arrives as crumbs.
Capitalists, on the other hand... know that we can always make more pie.
Whenever CON$ are confronted with facts that explode their brainwashing they go into insult mode as programmed.
We both know that capital gains are never taxed until they are realized, and then for the very first time, so you have reduced yourself to out and out lying. even if you are going to argue that all money has been taxed before as it passed through other hands before it became capital gains in the tycoons hands and therefore is entitled to special tax privilages, the exact same thing could be said for wages and therefore wages deserve the same special tax privilages.
The real difference between the Left and the Right is the Right believes they can make up bullshit about what anyone else THINKS. The Right have anointed themselves as mind-readers.
Insult? Observation? Take it as you will. By process of elimination there's nothing left to conclude but that your stance is nothing more than the same class warfare political strategy that Barack Obama employs.
Investment capital IS taxed twice. It's taxed when the company earns income and it's taxed again when stocks are cashed in. What's more, greedy leftists seem to forget that while it's true that the very wealthy are profiting in higher dollar amounts, they aren't the only ones investing these days. Since the advent of 401ks, IRAs, and other retirement plans, middle America is invested as well with
"42 percent of all returns reporting capital gains were from households with incomes below $50,000. Seventy-two percent, or 6.4 million returns, were for households with incomes below $100,000". The elderly, in particularly are
"two and a half times as likely to realize capital gains in a given year as are tax filers under the age of sixty-five".
Capital Gains Taxes: The Concise Encyclopedia of Economics | Library of Economics and Liberty
What they're doing is attempting to rob my retirement account and yours too if it's invested. But what is it that this administration is doing that would make us believe that they're going to behave responsibly with our money?
They've REFUSED to make a budget for the past 3+ years. They've increased our national debt to almost 16 Trillion. They won't even look at entitlements, all ahead of schedule on their way to going bust. In fact, they've saddled us with another one which dwarfs the ones we've got, and is already forecast to cost three times as much as they said it would.
You people argue that the government spends our money better than we do, but where's your evidence that it's so? If you could simply unwrap your minds from your slavish devotion to the political class, you'd see the evidence all around you that it doesn't. Obama's foray into socialist
wealth redistribution hasn't benefited anyone. And it's not likely to either. You can't honestly think that all the left's sacred cows are going to survive when we're pulling a trillion dollars out of the economy by the end of the decade just to service the debt?
These people DON'T DESERVE one more red cent from any American, no matter how filthy rich that one American might be. Because they've PROVED they can't behave responsibly with it. They fill your heads with talk of
infrastructure and use that argument to forward their Robin Hood political games, but when they produced their "stimulus" bill, less than 5% went toward it. What does that tell you???
I'm sorry to say it, but some of you folks need to wise up. This isn't team sports, where we root for whichever jersey we like best. It's not The Red Team vs. The Blue Team. This is the future of our country; it's the future of our children and their children after them. And if you're not using your interest in politics with that in mind, what the hell are you doing?