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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (652069)4/23/2012 1:20:12 PM
From: TimF  Read Replies (1) of 1579735
 
The fact that cap gain income is taxed at lower rates than ordinary income

That isn't a simple fact. Its true in a sense, but not all the time or in every way. Capital gains are often double taxation, where a person's property (the company they own in whole or in part) is taxed, and then they get taxed again. Also capital gains taxes are not indexed for inflation, so the rate paid can be higher, even much higher, than the ordinary income rate. In fact you can pay capital gains taxes without having any gain, or on a loss.
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