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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (13871)9/23/2003 6:22:29 PM
From: Skeeter BugRead Replies (1) | Respond to of 306849
 
lizzie, but who owns all the capital gains? it is mostly older people! by cutting those taxes, you would put more burden on the working class.

fair taxes usually means everyone else pays.

do you think my definition of fair taxes is reasonable?



To: Lizzie Tudor who wrote (13871)9/24/2003 12:40:23 PM
From: bentwayRead Replies (1) | Respond to of 306849
 
I think capital gains should be taxed HIGHER than earned income. I've had capital gains, and paid taxes on them, but most of my income has been from working, selling my life for money to pay mortgages, buy food, pay bills and be a good consumer. I'm not bitter about it, that's just the way it is. I don't see why MONEY that earns money shouldn't be taxed more than the life I trade for money - no life is traded for the money earned by capital!


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