SI
SI
discoversearch

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.
Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 340.02-0.3%Jan 7 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Boca_PETE12/26/2011 10:54:48 AM
  Read Replies (2) of 10065
 
John Bogle: Markets Have ‘Gone Crazy’ and Tax Policy is ‘Absurd’
moneynews.com

Maybe Bogle has gone "off the rails" as he makes the case for higher tax rates on investors in a weak economy.

- To me, he's sounding like a "Socialist" by bifurcating taxation on capital gains based upon the type of investor and applying higher tax rates to those he labels "gamblers".

I guess he's upset that equity markets and his recommended buy-and-hold index funds don't behave as well now in a Secular Bear Market as they did during the Secular Bull Market that ended March 2000 when they generally kept rising. JMHO.

Certainly the challenges of this Secular Bear Market and economy ARE NOT due to the way investment income and gains are taxed.

Now if we could fix the root causes of the credit collapse like political pandering for votes by pressuring (even threatening) financial institutions to make loans to those clearly not capable of repaying them, and, the industry that sprung up to market such dodgy loans on a global basis - THAT WOULD BE PROGRESS! It's hard to see how that can happen when the same politicians who were responsible for causing the problem were put in charge of creating legislation to fix the problem.

P
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News