Forum Post: Place this high on the list of demands
Posted 12 years ago on Oct. 22, 2011, 6:44 p.m. EST by TedApelt
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End the special low capital gains tax rate and make it taxed the same as all other income.
Amen!!! I love to hear the corporatists say "taxes were already paid on that money" as if we were too stupid to understand that capital gains are only paid on earnings above the invested amount, on which taxes were paid.
Just as bad is the Social Security tax, which is capped at $103,000. Above that, your taxes just went down by between 7.5 and 15 percent. Nice!!! Fore them.......
investing is for the devil himself, lets just just take Soros, Buffets, and Gates money.