Indeependent
Diamond Member
- Nov 19, 2013
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What programs from the 1980s have we continued?
Tax rates, capital gains exemptions, subsidies, labor restirctions, deregulation
All of which have helped grow the private sector.
BTW, I find it amusing when you lib's hair begins to fall out whenever you hear the term "capital gains"....Right away your argument starts.."It's not fair they get to keep all that money."...."It should be taxed as income!"....
Why?
Keep in mind that any type of income derived from an intangible is considered a capital gain.
So before you answer the above question do some careful consideration.
Capital Gains gained from investing in a non-US entity should be taxed at the normal or higher rate since it does NOTHING for the US economy.