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


To: gpowell who wrote (16748)2/5/2004 3:15:04 PM
From: Lizzie TudorRead Replies (1) | Respond to of 306849
 
you took that statement about capital gains out of context. My point then was that growth in the form of dividends should be taxed equally to capital gains and since capital gains are taxed (not as highly as income) then dividends should be taxed. Or, in the reciprocal, if dividends are tax free, then capital gains should be tax free.

But I have never thought capital gains and income should have the tax disparity that they do. I don't buy the "stored labor" theory. Flat taxes on all income sound good to me, but not with fica excluded.

I'll tell you one thing. This election the workers are going to vote more than every before imho. And they are turning a deaf ear to all this economic theory which seems to point to why they should bear the brunt of all US incurred expenses. I think people that believe these sorts of things, (outsourcing is good, capital gains should not be taxed, etc)- should come up with some material to make their case apart from the standard economic theories.