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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: Little Joe who wrote (7690)	1/29/2012 6:20:17 AM
From: koan	Read Replies (4) \| Respond to of 85487

Here is the irony of your post. I am saying there is no god given law that is how the tax structure should be set up; and you are then explaining why there is-lol. The system is fluid. We are trying to figure it out as a society now. Income inequality is like poison to a healthy social structure. <<There is no god given reason why deferred interest or long term capital gains should be taxed at half our rate. You act like it was sent down by Moses." Sometimes you just say the most amazing things with such certainty that I wonder if you are trying to convince yourself. The fact is that there are valid economic reasons for a reduced or form that matter no tax on capital gains. This is why at various times in our history there have been laws in this country and others favoring capital gains. The creation of capital is what drives the economy. It only makes common sense that investment in business is inherently risky, so it makes sense to encourage that investment by favorable tax rates. I will say this the Obama campaign strategists are brilliant, I think this class warfare crap is starting to gain traction.