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To: SeekAndFind

I’ve never understood very well why capital gains should be treated differently myself, not that I’m in favor on income taxes generally.


2 posted on 10/04/2012 7:29:41 AM PDT by DonaldC (A nation cannot stand in the absence of religious principle.)
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To: DonaldC

LOL. Read the article. You might learn something.


5 posted on 10/04/2012 7:35:34 AM PDT by kabar
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To: DonaldC
I’ve never understood very well why capital gains should be treated differently myself, not that I’m in favor on income taxes generally.

Inflation. If an asset "appreciates" due mostly to inflation of the currency, capital gains taxes are taxing you on the devaluation of your currency, which is also a tax. Hello, double taxation.

7 posted on 10/04/2012 7:40:34 AM PDT by Disambiguator
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To: DonaldC
Capital gains are earned by risking your capital. Capital can be lost, too. There is no guarantee of a profit.

Payroll income has no risk of loss.

Hollande is crazy. Any French business not tied to the French economy will leave. Those that remain will whither away.

13 posted on 10/04/2012 8:31:43 AM PDT by Mister Da (The mark of a wise man is not what he knows, but what he knows he doesn't know!)
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To: DonaldC

income taxes are immoral.


14 posted on 10/04/2012 8:44:43 AM PDT by bravo whiskey (if the little things really annoy you, maybe it's because the big things are going well.)
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To: DonaldC

I’ve never understood very well why capital gains should be treated differently myself, not that I’m in favor on income taxes generally.


I feel the same way about Property Taxes. If the Government MUST have taxes to run on then it should be consumption taxes alone.


16 posted on 10/04/2012 11:36:37 AM PDT by The Working Man
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To: DonaldC

So people can sit on their assets and collect income while doing not a lick of work. It’s little different from welfare, IMO, and is part of the reason for the anger of the OWS folks.


19 posted on 10/06/2012 12:54:21 AM PDT by Lexinom
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