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Politics : Mainstream Politics and Economics

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To: Broken_Clock who wrote (50162)8/4/2013 3:01:10 PM
From: i-node  Read Replies (4) of 85487
 
>> Capital gains are for the upper 20%, and more specifically for the upper 1% of society.

You evidently don't comprehend why the favored treatment of capital gains exists. I explained this a year or so ago in the first half of the link below. There is a very good reason capital gains receive favorable treatment, and it is no way limited to the top 20% or 1%. Tax-favored treatment of capital gains and the derivative code sections are fundamental to anyone who has ever sold ANYTHING at a profit, whether stocks, homes, or an old trinket inherited from a great grandparent.

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