I’ve never understood very well why capital gains should be treated differently myself, not that I’m in favor on income taxes generally.
LOL. Read the article. You might learn something.
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.
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.
income taxes are immoral.
Ive never understood very well why capital gains should be treated differently myself, not that Im 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.
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.