John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: The Ox who wrote (13584)	2/10/2013 1:12:14 AM
From: Hawkmoon	4 Recommendations Read Replies (1) of 33421

Make it simple, money in your pocket, whether from gains, salary or any other source should be subject to the tax, with a modest exception made for gifts. My beef is that capital investments are made with money that has ALREADY been taxed previously (either as wages, or interest income).. So it's taxing savings.. That said, I also have a beef with multi-billionaires who have such economic power that can have undue influence upon government policy making.. (buying influence).. We have a dramatic problem when 99% of the nation's wealth is in the hands of 1% of it's citizens. This is just economically unsustainable.. Hawk

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