Posted on 05/02/2016 8:29:17 AM PDT by DCBryan1
D’oh!
Rich liberals who live off tax sheltered income never thought of that!
Bill Gates should mind his own business and stop trying to destroy others.
He can absorb a several billion dollar loss.
Most of us can’t!
He begs the question:
“If you’re so rich, how come you’re no smart”
FU Bill, the average, everyday Joe, investor gets raped enough as it is.
So, I wonder if capital gains increases are part of Trumps plans too?
Makes you wonder.
Jedi.
____________________________________________________
The problem is people don't make a difference between business taxes and individual taxes.
Business should never pay a tax, period. Business don't pay taxes, their customers do. If a business has no capital gains tax then they can invest and sell what is best for the business. It is hard to justify a purchase if you realize that if it doesn't work out you will have to give 39 percent of it to the government when you sell it off.
People who live off the money their ancestors made and only get taxed at 20% are the ones who should be paying the same as every one else. Income, regardless of where it is from should be taxed the same way. Why is interest income worth less than labor income? I do however think that there could fairly be some means to have an inflation factor calculated in the investment income so that you don't really get back less than you put in.
“An opportunity to be a little more progressive “?
Assh***...
What bull****. Cheap to free money causes asset bubbles.
I for one am incensed by this, if the government doesn’t have skin in the game on the risk side they should get jack on the upside of an investment of money already taxed...
Not to mention the idea that anyone who argues the government should be given MORE money when they can’t manage what they’re already in control of must have encephalopathy.
Oh, but dude, he’s like instrumental in ridding Africa of Guinea Worm and that’s like paying 90% taxes, or zillions of dollars dontcha know?
I’m pretty sure people like Gates & Buffet are simply seeking to kick out the ladder from everyone else who might try to make their own fortune. So they and their families can exist as dynastic elites in perpetuity.
That'll make a big dent in the deficit, particularly considering how many of the very rich use a buy-and-hold strategy. Wait, what?
The eugenics genius has spoken! Get bit Billy, you lyin’ piece of cr**.
Wow, all of them neatly neurotics or outright psychopaths. You rock on, Radish!
Give me your Derby pick so I can bet against it with both hands. Or better yet, just f*****g get lost.
Classy
BAD IDEA, BILL! BAD IDEA!
FAIRTAX, BILL! FAIRTAX! BECOME AN ADVOCATE FOR THE FAIRTAX!
Taxing ANYTHING other than consumption is economically unsound!
For more information about the FairTax and to find out how to help us replace the income tax with the FairTax and abolish the IRS, go to https://www.fairtax.org.
“Now, legal plunder can be committed in an infinite number of ways. Thus we have an infinite number of plans for organizing it: tariffs, protection, benefits, subsidies, encouragements, progressive taxation, public schools, guaranteed jobs, guaranteed profits, minimum wages, a right to relief, a right to the tools of labor, free credit, and so on, and so on. All these plans as a whole — with their common aim of legal plunder — constitute socialism.”
— Frederic Bastiat, the Law, 1850
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