I Know! Let's Tax Old People When They Sell Their Homes!

Is the democrat's class war what finally crashes the stock market?
 
There is no capital gain tax on the first 250,000 profit from selling your primary residence I believe.
 
Simple solution...flat tax on all money no matter where it came from and no credits or deductions for a damn thing.


Sent from my iPhone using USMessageBoard.com
 
Is taxes kicking in at 3.5 million too onerous? I'd say yes. But no taxes on cap gains up to 11 million? I don't think any middle class guys are benefitting there.


I feel the opposite. I think if you've paid taxes on the first $10M then you have paid more than your fair share and you shouldn't have to pay any taxes on anything more you make.
 
Simple solution...flat tax on all money no matter where it came from and no credits or deductions for a damn thing.


Sent from my iPhone using USMessageBoard.com
agree.
But they would have to be given a Standard Deduction, the same for all.

Also, would that flat tax apply to corporations and small businesses? How would that work?
 
Last edited:

Forum List

Back
Top