Who Really Pays Taxes? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Who Really Pays Taxes?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: kvkkc1 who wrote (254)	8/15/2000 4:23:06 PM
From: Lizzie Tudor	Read Replies (3) of 666

The funny thing about this tax debate is that it used to be a rich vs. poor thing, but I see it developing into a young vs. old thing. I myself am 36 yrs old so I am right in the middle. The fica issue is one thing that separates the young and old on an age, not wealth boundary. Another is taxation of stock and options. Options are now "income" which means you have to pay income tax. Capital gains are not. Why would anybody tax capital gains at a lower rate than stock options? That makes no sense, if anything we should be rewarding the people that build these companies and not the people sitting around on their butts watching cnbc and using e-trade. But this "capital gains" favoritism is a legacy of the conservative tax-cutters. More money is in the hands of the young than ever before and the conservatives are doing nothing for this group. If conservatives fought as hard for tax cuts on stock options as capital gains I would be more convinced their platform is for tax cuts across the board instead of "I want to screw everybody for my own benefit"

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next