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To: RandallFlagg

Investment rates vs. labor income rates. More than likely, even for us regular folks, our investment income was earned and we paid taxes on it then, so 15% on investment income is the second feeding at the trough for the government. Why invest IF you have to pay 28% or 35% on it again and again?


3 posted on 09/22/2012 6:50:56 PM PDT by Qwackertoo (Romney/Ryan 2012 The Future of Our Children and Their Children are at stake.)
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To: Qwackertoo
Why invest IF you have to pay 28% or 35% on it again and again?

Because, say you have an investment income of $100,000 per year of which you have to pay 35% and you keep 65% versus no income from investments on $100,000 in cash in the bank. At the end of 10 years you can either have $100,000 plus a little interest or $650,000. Which would you rather have?
4 posted on 09/22/2012 6:57:09 PM PDT by aruanan
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