Don't Blame Me, I Voted For Kerry Message Board

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Politics : Don't Blame Me, I Voted For Kerry

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To: Lizzie Tudor who wrote (6039)	3/9/2004 11:25:57 PM
From: brushwud	Read Replies (1) of 81568

Capital gains and earnings should be taxed the same, because in this economy money/investment is easy to get and qualified labor is hard. Short term gains (like traders make) ARE taxed the same as earnings. But if you double your money in ten years or so on a house for instance, how much did you really make after inflation? You had one house and ten years later you still have...one house. Why should that purely illusory gain be taxed at all? Same story if it was GE or some other stock. I agree with you about FICA, though. It drives a wedge between employers & employees in the first millisecond of employment.

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