Quote:
Originally Posted by RIJIMMY
it make sense to change the capital gains tax for people making over 250K. The rate should be equal to other wages. Thats a simple fix and will generate billions.
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It's already double taxation as taxes were paid on the $$ before invested.
To raise CG tax would make people think before willing to take a chance
in investing in stock which companies need for capitalization and
creating jobs.
Market wouldn't like it and it would affect the retirement and investment funds except for the the tax exempt IRA, 401K etc.
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