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GLD 378.38+2.7%Nov 10 4:00 PM EST

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To: KyrosL who wrote (26779)12/23/2007 3:09:09 PM
From: Maurice Winn  Read Replies (1) of 217662
 
Kyros, it's just another way of plucking feathers from the goose. My complaint is that I have already paid tax on my earnings. I don't have earnings now other than returns on investment, and I will be going into capital spending mode.

My capital was taxed when I earned it. Now, they plan to tax it when I spend it as well.

<they get me on the way in, then take it on the way out too>

Surely you can see how that is quite annoying.

It's ironic that the "free" world is continually increasing taxes, repressive regulations, socialism, confiscation and kleptocracy while the communist east is now much more capitalist, with low flat taxes.

Mqurice
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