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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (652069)	4/20/2012 5:55:44 PM
From: J_F_Shepard	Respond to of 1579704

"The fact that cap gain income is taxed at lower rates than ordinary income -- something which has been true for almost 100 years" Not at 15%...

To: i-node who wrote (652069)	4/23/2012 1:20:12 PM
From: TimF	Read Replies (1) \| Respond to of 1579704

The fact that cap gain income is taxed at lower rates than ordinary income That isn't a simple fact. Its true in a sense, but not all the time or in every way. Capital gains are often double taxation, where a person's property (the company they own in whole or in part) is taxed, and then they get taxed again. Also capital gains taxes are not indexed for inflation, so the rate paid can be higher, even much higher, than the ordinary income rate. In fact you can pay capital gains taxes without having any gain, or on a loss.