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

To: TimF who wrote (652463)	4/23/2012 1:59:19 PM
From: i-node	Read Replies (1) \| Respond to of 1579714

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. Both good points. And good arguments (among many others) for not taxing corporations at all. The ultimate double tax, though, is the death tax which ought to be a crime.