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Re: Massive default is best way to fix the economy

By: tkc in ALEA | Recommend this post (0)
Wed, 14 Sep 11 3:30 AM | 24 view(s)
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Msg. 05826 of 54959
(This msg. is a reply to 05816 by orda)

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Orda, Imo, this rant over capital gains tax is a whole bunch of hooey from the far "left." First off it fails to mention that capital gains are only paid on investments made with after tax money. Thus it's money taxed twice, often three times if the investment also pays taxes as in a profitable stock. It's risk capital which deserves a return. The far "left" is also a bunch of "wingnuts." Where in the world is investment to come from if the opportunity for gain, the risk/reward becomes too burdensome. That's silly stuff.


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The above is a reply to the following message:
Re: Massive default is best way to fix the economy
By: orda
in ALEA
Tue, 13 Sep 11 7:08 PM
Msg. 05816 of 54959

http://www.alternet.org/economy/152382/the_rich_get_tax_breaks_for_destroying_jobs_how_the_capital_gains_tax_helps_the_wealthy_and_hurts_the_rest_of_us?page=entire


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