Why capital gains should be taxed as income.

[Rune]

[Cancel 2016.2]

All income should be taxed at the same level.

[Celticguy]

Just be honest, all you want is more tax money and you dont care how.
We are taxed enough already.

[Minister of Truth]

So we can fuck over the middle class.

[Granule]

I'd be down for an across the board 10% tax rate.

[NOVA]

I'd be down for an across the board 10% tax rate.

Of course, thats keeping present deductions......lol

[cawacko]

All income should be taxed at the same level.

What's your take on the argument that primary investments, such as one's in businesses, should continue to be taxed at lower rates because they help create jobs while secondary investments should taxed at marginal rates?

[Rune]

Just be honest, all you want is more tax money and you dont care how.
We are taxed enough already.

Honestly If you want to lower earned income tax rate to capital gains tax rate I would be happy. You don't know me.

[Rune]

What's your take on the argument that primary investments, such as one's in businesses, should continue to be taxed at lower rates because they help create jobs while secondary investments should taxed at marginal rates?

That would be smoke and mirrors. Demand comes from the majority, the majority is poor, so the rich don't create jobs, it is just another excuse to take more of your money, that you fell for.

[Rune]

I'd be down for an across the board 10% tax rate.

Of course you would. You are like the scarecrow on the Wizzard of Oz. If you only had a brain.

[cawacko]

What's your take on the argument that primary investments, such as one's in businesses, should continue to be taxed at lower rates because they help create jobs while secondary investments should taxed at marginal rates?

Bumping for SF

[Cancel 2016.2]

What's your take on the argument that primary investments, such as one's in businesses, should continue to be taxed at lower rates because they help create jobs while secondary investments should taxed at marginal rates?

I think the money should be taxed at the same rate. Because the only way it is taxed in those primary investments is if the money is taken out in the form of dividends, capital gains or salary. So if they are taking money out... it should be taxed the same.

That said, it is one of the reasons I oppose the corporate tax code. As long as the money stays in the firm and is being used to build the company, then it should not be taxed year over year. As the money comes out via income, divs or cap gains... THEN it should be taxed... all at the same level.

[Cancel 2016.11]

Gawd. The treatment of SF as he was the E.F. Hutton of JPP is hilarious. When Superfreak talks; I roll my eyes.

[Cancel 2016.2]

That would be smoke and mirrors. Demand comes from the majority, the majority is poor, so the rich don't create jobs, it is just another excuse to take more of your money, that you fell for.

Not true... jobs come from people (not just rich) who invest their own capital and take the risk to start a business. Google, Microsoft, Wal Mart, Apple etc... all of them began in such a manner. Without the investments of large investors either directly or through bank loans, hedge/VC funds etc...

As they have grown, they have continued adding jobs as they have expanded. Granted, as companies mature to the point that future expansion is not economically viable, they will stop adding jobs. Then their new goal is to maintain profitability and productivity.

Not sure how it is you think private sector job growth occurs... but would be interested in your counter points.

[Cancel 2016.2]

Gawd. The treatment of SF as he was the E.F. Hutton of JPP is hilarious. When Superfreak talks; I roll my eyes.

1) yes, we get it, you are jealous of me
2) No one is acting in such a manner. He just knows that I am more than willing to share my opinion on economic/tax topics.