Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 SLIGHTLY MODERATED BOXING RING -- Ignore unavailable to you. Want to Upgrade?

To: jttmab who wrote (14339)	6/6/2002 6:27:30 PM
From: TimF	Read Replies (2) \| Respond to of 21057

Are you saying that you don't know the difference between property taxes and income taxes. No. I already pay more in property taxes, but your argument seemed to be that I should be taxed on my increase in wealth. The property taxes are not a tax on an increase in wealth. I would pay the same property taxes on my house whether I had bought it for 15 cents of $45mil. Tim. This is not a characteristic post of yours. Your punctuation and use of pronouns is a little less than perfect. If I move an out of place period and add a paragraph break it might be easier to read. ____________ Jitmab - "Only a miniscule portion of Bill Gates' or Warren Buffet's accumulated wealth has been ever been taxed. " Tim - Because no profit has been realized on most of that accumulated wealth. My house went up from about $113k to about $160k. I pay more in property taxes then I did before but should I also pay taxes on the $40k+ of new accumulated wealth"? ___ Tim