Originally Posted By: Hankster
Originally Posted By: topwater
there is no valid reason to tax capital gains at a lower rate.


Someone who invested their after-tax income would then be taxed again at the marginal rate if they realized a profit and sold their assets.

That's if that person could find someone to buy whatever he/she invested in that made a profit, knowing they too would be double-taxed.

That's okay with you?


yes, since taxing capital gain income is not double taxation.

if i invest $1000 after tax dollars in XYZ stock and then sell it for $1500, i would pay tax on the $500 in capital gain, not on the initial $1000 investment. therefore it is not double taxation.

again, why should the cop pay a higher rate than the trustifarian he arrests?

double taxation, what a load of shite!

i don't want to see confiscatory tax rates on any income group, but taxing unearned income the same as earned income is fairer than any fair tax plan being proposed.