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| Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi: |
07-31-2018, 04:59 PM
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#1
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Registered User
Join Date: Nov 2007
Posts: 12,632
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Quote:
Originally Posted by zimmy
I love the idea that income from investments deserves a lower tax rate than income from employment.
Bogus.
Posted from my iPhone/Mobile device
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why do you think investments should be taxed at all?...just curious |
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07-31-2018, 05:03 PM
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#2
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,507
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Quote:
Originally Posted by scottw
why do you think investments should be taxed at all?...just curious
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Because you're benefiting from the system everybody contributes to. It takes a village Scott. |
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07-31-2018, 05:19 PM
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#3
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Registered User
Join Date: Nov 2007
Posts: 12,632
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Quote:
Originally Posted by spence
Because you're benefiting from the system everybody contributes to. It takes a village Scott.
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I was hoping for an intelligent answer |
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07-31-2018, 05:22 PM
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#4
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,507
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Quote:
Originally Posted by scottw
I was hoping for an intelligent answer
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Maybe find someone intelligent to help you with it then  |
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07-31-2018, 05:36 PM
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#5
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Registered User
Join Date: Nov 2007
Posts: 12,632
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Quote:
Originally Posted by spence
Maybe find someone intelligent to help you with it then |
yeah,,,probably asking in the wrong place  |
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07-31-2018, 05:47 PM
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#6
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Registered User
Join Date: Feb 2009
Posts: 7,725
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Quote:
Originally Posted by spence
Because you're benefiting from the system everybody contributes to. It takes a village Scott.
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All benefits from the system are not taxed. There are benefits given to those who don't even contribute to the system whose benefits are not taxed. Taxing some benefits would be considered by many to be onerous. Taxing some contributions to the system, such as investing, would be considered by some as creating a disincentive to contributing and therefor a possible subtraction from the value of the system. Even more so as the taxes rise. |
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07-31-2018, 09:21 PM
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#7
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Registered User
Join Date: Oct 2003
Location: Bethany CT
Posts: 2,891
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Quote:
Originally Posted by scottw
why do you think investments should be taxed at all?...just curious
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I think investments should be taxed for the same reason any income is taxed. Why should money made from investments be considered more precious than hard earned money from repairing a car or working in a mine or nursing in the e.r.? I understand tax rates and shelters for retirement and that sort of thing, but if I make 100k off investments in stocks and mutual funds because I can afford to invest, why should that income be taxed at a lower rate than the income of the paraprofessional helping a special needs kid in a school for 20k a year? I have yet to hear a valid argument (the incentive to save/invest doesn't evaluate as valid to me).
Posted from my iPhone/Mobile device |
No, no, no. we’re 30… 30, three zero.
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