[KDD]

I’d like to see a payroll tax placed on capital gains income.

You know...that percentage who pay no payroll taxes.

In fact why is any income exempt from paying SS taxes?

[GeronL]

Because paying more into SS doesn’t mean they will get anything out of SS. People should be allowed to opt out and have their own private retirement funds.

.....

But this is about the budget, not SS (I think they still pretend its solvent).

[Ann Archy]

You want a PAYROLL TAX on Capital Gains over and above the Capital Gains TAX????? OMG!! What has happened to FREERepublic!!

are you one of those freeloaders that pay no Federal Income tax......do you get back money from US that you never paid into??? geesh.

[Truth29]

"I’d like to see a payroll tax placed on capital gains income.

Would you support making that income qualifying for SS benefits?

[silverleaf]

LOL! You can’t tax capital gains until someone sells something and makes a capital gain. Checked the housing market and the stock market lately?

All that higher taxes on capital gains does, is make people like me hang onto our assets and not sell them unless we are desperate.

Hence higher capital gains tax usually mean less revenue.