Originally Posted by sperbonzo

You do realize that you pay all the income tax on your income, and then you pay 15% again on any profit that you make if you invest that already taxed income and your gamble pays off? Why would people invest their money, so that they can pay double the taxes IF the gamble pays? You are saying that you should be taxed when you make money, and then if you invest it?


You do realize that already, you pay when you make the money, you pay when you spend the money, you pay if you invest the money and manage to make a profit, you pay when you give the money to someone else, and you pay if you want to leave it to your kids. On average, by the time your kids get the money you left them, the government has gotten over 85% of what you earned.

Does it somehow seem unfair, if you get to the level where your investments are most of your income? It seems that way. But then again, you have the chance to lose it all if your investments go south.

Watch investments dry up if they start taxing investment income at the same rate as earned income. And without capital investment, watch even MORE business move overseas where they can get the capital that they need.

Seriously, this is basic economics.


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