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.

Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (12906)	10/26/2005 12:58:51 PM
From: Augustus Gloop	Respond to of 23958

[OT] We need to totally wipe out Cap Gains taxes in this country as well. You mention wealth creation - well why not encourage all people to save and invest by allowing them to keep 100% of their gains. The government will only allow you to deduct a small dollar amount per year for a capital loss but they tax the entire gain at your top tax rate. They want to participate in 100% of the upside benefit but they don't want any risk. The guy who spends all his money on beer gets a dime back on each bottle but the person saving pays 35% on their gains.....its total bull shitzke