SI
SI
discoversearch

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.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Peter Dierks who wrote (702558)9/20/2005 3:40:24 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
Oh contraire... you seem confused.

If a corporation earns profits (corporations ARE 'individuals' under well established US law... a fact you do not attempt to deny), then those profits are 'income' to the corporate individual.

If you have an equity position in that corporation, or own their debt, then anything you earn from that oqnweship is 'income' to you.

It AIN'T complicated.

Nobody is 'giving' you anything out of the 'goodness of their heart'. If you earn rewards by investing wisely... working your brain rather then your back, then I'm content to call that 'income' and tax all income (regardless of source) at a low, fair rate... WITHOUT special interest exceptions.

The government should not be in the business of telling some people that their work is valued, and telling others that THEIR work *isn't* valued.

Wheither you work using your brain, or your back, one flat rate should apply to all.