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Posted: 4/24/2024 11:34:43 PM EDT
[#1]
Quote HistoryOriginally Posted By feudist: Very shortly investment money will be reduced sharply as boomers and gen-Xers start retiring in droves and moving out of stocks and into bonds as their risk tolerance changes. That alone will reshape capital investment. No, that is not at ALL what happens. Why on earth would you think that? |
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Posted: 4/25/2024 12:26:26 AM EDT
[#2]
Quote HistoryOriginally Posted By FMJ3: ^This It's sad how many people (even right here on this site) don't understand the downstream affects of crippling capital investment in this country. Quote HistoryOriginally Posted By FMJ3: Originally Posted By shaggy: Originally Posted By Drakich: Well that is definitely one way to cripple investment spending in the US. Yeah, biden's already putting hurt on R&D with inflation and a higher cost of capital. Venture capital funding is already way down; they were already pulling back. Higher cap gains will just exacerbate the problem and further stifle innovation in the US. ^This It's sad how many people (even right here on this site) don't understand the downstream affects of crippling capital investment in this country. |
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Posted: 4/25/2024 7:44:39 AM EDT
[#3]
Quote HistoryOriginally Posted By FALARAK: No, but I dont believe it will have that effect for a huge percentage of investors. The family farm and business sale scenario is very troubling, however, and should be placed out of scope. Quote HistoryOriginally Posted By FALARAK: Originally Posted By Stlrain0341: Originally Posted By FALARAK: Disingenuous article and discussion. While we all know that taxation = theft. But................. The ultra wealthy often do not have earned income. Often, all their income is from capital gains. Capital gains has a maximum tax rate of 20%, while working people have a rate of up to 37% (soon to be 39.6% again) on earned income. The proposal here, is to make capital gains taxes match earned income taxes on gains OVER $1 million dollars in a year. I do NOT subscribe to any sort of "eat the rich" mentality, and I personally benefit from lower capital gains rates every single year, but this proposal makes good sense to me. I have always felt the lower capital gains tax favored the ultra-wealthy disproportionally to the majority of taxpayers. The REASON this is lower is because of the power the wealthy have over Congress. The current tax system absolutely favors the very wealthy, and with lower capital gains tax rates combined with a step up in cost basis at inheritance, this ensures wealth grows in the upper 1% and allows the middle class to be slowly destroyed that much faster, as the net worth spread increases between the classes. I'd MUCH prefer seeing tax benefits directed at the middle class, to help this class of people prosper, or just see a flat tax across the board for all. This proposal is making taxes "flatter", so if you are a fan of the flat tax, that is exactly the direction this proposal is going. The problem is, so many of you just see anything from Biden as wrong, or any discussing on a tax increase as wrong...... without actually applying critical thinking skills. Raising capital gains is one thing. It’s entirely another thing to create a tax structure that very literally disincentivizes investment. Is that really what you want? No, but I dont believe it will have that effect for a huge percentage of investors. The family farm and business sale scenario is very troubling, however, and should be placed out of scope. Family Farms and business is exactly what they seek to destroy. |
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Posted: 4/25/2024 7:52:41 AM EDT
[Last Edit: TheWhiteHorse]
[#4]
They keep spending and want us to pay.
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Posted: 4/25/2024 8:01:12 AM EDT
[#5]
Quote HistoryOriginally Posted By victorgonzales: They also don't seem to realize that you have to keep your investment taxes equal to or lower than other countries or capital leaves the country. Rich people don't need to invest here. If they stop it's a big fucking deal Quote HistoryOriginally Posted By victorgonzales: Originally Posted By FMJ3: Originally Posted By shaggy: Originally Posted By Drakich: Well that is definitely one way to cripple investment spending in the US. Yeah, biden's already putting hurt on R&D with inflation and a higher cost of capital. Venture capital funding is already way down; they were already pulling back. Higher cap gains will just exacerbate the problem and further stifle innovation in the US. ^This It's sad how many people (even right here on this site) don't understand the downstream affects of crippling capital investment in this country. Which is why I suspect that this proposal is designed to direct capital to Communist China with it's 20% Capital Gains Tax. |
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MS, USA
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Posted: 4/25/2024 8:02:26 AM EDT
[Last Edit: ExFed1811]
[#6]
Kiss all those plans of retiring off your 401k gains goodbye.
Democrats election strategy is basically a promise to take Republicans' money and wealth and redistribute it to Democrats. |
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Posted: 4/25/2024 8:10:12 AM EDT
[#7]
Quote HistoryOriginally Posted By ExFed1811: Kiss all those plans of retiring off your 401k gains goodbye. Democrats election strategy is basically a promise to take Republicans' money and wealth and redistribute it to Democrats. Nobody tell him how 401ks are taxed. |
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Posted: 4/25/2024 8:13:18 AM EDT
[#8]
Quote HistoryOriginally Posted By AlabamaFan64: This, plus large numbers of boomers leaving real estate to their heirs in the near future. FJB isn't smart enough to think of this but whoever has their hand up his ass is using him to sell it. Quote HistoryOriginally Posted By AlabamaFan64: Originally Posted By MeInMediocrity: A tax on capital gains is like a tax on inflation (mostly). This, plus large numbers of boomers leaving real estate to their heirs in the near future. FJB isn't smart enough to think of this but whoever has their hand up his ass is using him to sell it. Wouldn't that situation actually be subject to estate tax, and only after 13.6 million? |
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Posted: 4/25/2024 8:23:10 AM EDT
[Last Edit: WoodHeat]
[#9]
Quote HistoryOriginally Posted By FALARAK: Disingenuous article and discussion. While we all know that taxation = theft. But................. The ultra wealthy often do not have earned income. Often, all their income is from capital gains. Capital gains has a maximum tax rate of 20%, while working people have a rate of up to 37% (soon to be 39.6% again) on earned income. The proposal here, is to make capital gains taxes match earned income taxes on gains OVER $1 million dollars in a year. I do NOT subscribe to any sort of "eat the rich" mentality, and I personally benefit from lower capital gains rates every single year, but this proposal makes good sense to me. I have always felt the lower capital gains tax favored the ultra-wealthy disproportionally to the majority of taxpayers. The REASON this is lower is because of the power the wealthy have over Congress. The current tax system absolutely favors the very wealthy, and with lower capital gains tax rates combined with a step up in cost basis at inheritance, this ensures wealth grows in the upper 1% and allows the middle class to be slowly destroyed that much faster, as the net worth spread increases between the classes. I'd MUCH prefer seeing tax benefits directed at the middle class, to help this class of people prosper, or just see a flat tax across the board for all. This proposal is making taxes "flatter", so if you are a fan of the flat tax, that is exactly the direction this proposal is going. The problem is, so many of you just see anything from Biden as wrong, or any discussing on a tax increase as wrong...... without actually applying critical thinking skills. What's the next angle for that 1%? They're not just going to roll over and write big checks to the IRS for years to come, so what is their strategy likely to be in response? Honest question. @FALARAK |
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Posted: 4/25/2024 8:31:10 AM EDT
[#10]
FJB again....
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Posted: 4/25/2024 11:28:54 AM EDT
[Last Edit: AK-12]
[#11]
Yellen has been talking about taxing unrealized capital "gains" since at least 2021.
Of particular, and yet completely unsurprising interest, is that the Biden Treasury is justifying this partially because it will disproportionately impact whites, because they invest at a higher rate than blacks and hispanics (mentioned specifically). Shades of Zimbabwe.  
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Posted: 4/25/2024 11:57:18 AM EDT
[#12]
It's almost like Biden is a dumbass.
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CO, USA
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Posted: 4/25/2024 12:25:41 PM EDT
[#13]
Quote HistoryOriginally Posted By AK-12: Yellen has been talking about taxing unrealized capital "gains" since at least 2021. Of particular, and yet completely unsurprising interest, is that the Biden Treasury is justifying this partially because it will disproportionately impact whites, because they invest at a higher rate than blacks and hispanics (mentioned specifically). Shades of Zimbabwe. https://www.ar15.com/media/mediaFiles/509384/1000002356-3197334.jpg https://www.ar15.com/media/mediaFiles/509384/1000002357-3197335.jpg Double plus ungood. |
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Posted: 4/25/2024 12:34:47 PM EDT
[#14]
Quote HistoryOriginally Posted By heavily_armed: This post smells of truthiness. Thank you. Quote HistoryOriginally Posted By heavily_armed: Originally Posted By FALARAK: Disingenuous article and discussion. While we all know that taxation = theft. But................. The ultra wealthy often do not have earned income. Often, all their income is from capital gains. Capital gains has a maximum tax rate of 20%, while working people have a rate of up to 37% (soon to be 39.6% again) on earned income. The proposal here, is to make capital gains taxes match earned income taxes on gains OVER $1 million dollars in a year. I do NOT subscribe to any sort of "eat the rich" mentality, and I personally benefit from lower capital gains rates every single year, but this proposal makes good sense to me. I have always felt the lower capital gains tax favored the ultra-wealthy disproportionally to the majority of taxpayers. The REASON this is lower is because of the power the wealthy have over Congress. The current tax system absolutely favors the very wealthy, and with lower capital gains tax rates combined with a step up in cost basis at inheritance, this ensures wealth grows in the upper 1% and allows the middle class to be slowly destroyed that much faster, as the net worth spread increases between the classes. I'd MUCH prefer seeing tax benefits directed at the middle class, to help this class of people prosper, or just see a flat tax across the board for all. This proposal is making taxes "flatter", so if you are a fan of the flat tax, that is exactly the direction this proposal is going. The problem is, so many of you just see anything from Biden as wrong, or any discussing on a tax increase as wrong...... without actually applying critical thinking skills. This post smells of truthiness. Thank you. Except, no, it’s completely wrong and smells of communism. |
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NC, USA
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Posted: 4/25/2024 12:37:40 PM EDT
[#15]
But I was told we were giving Ukraine our old outdated stuff. Why the push for ever higher tax revenue?
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Posted: 4/25/2024 12:41:19 PM EDT
[#16]
How about a 80% tax on any profits federal elected officials make on stock market while in office and afterwards?
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TX, USA
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Posted: 4/25/2024 1:02:58 PM EDT
[#17]
Quote HistoryOriginally Posted By Notcalifornialegal: Nobody tell him how 401ks are taxed. Quote HistoryOriginally Posted By Notcalifornialegal: Originally Posted By ExFed1811: Kiss all those plans of retiring off your 401k gains goodbye. Democrats election strategy is basically a promise to take Republicans' money and wealth and redistribute it to Democrats. Nobody tell him how 401ks are taxed. Let’s not be obtuse. There’s nothing stopping the government from rewriting the law to remove the tax advantaged status of qualified retirement accounts or limit the amount you can contribute or phase them out over a certain income level. |
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Posted: 4/25/2024 1:05:21 PM EDT
[#18]
Quote HistoryOriginally Posted By C3H5N3O9: Let’s not be obtuse. There’s nothing stopping the government from rewriting the law to remove the tax advantaged status of qualified retirement accounts or limit the amount you can contribute or phase them out over a certain income level. Quote HistoryOriginally Posted By C3H5N3O9: Originally Posted By Notcalifornialegal: Originally Posted By ExFed1811: Kiss all those plans of retiring off your 401k gains goodbye. Democrats election strategy is basically a promise to take Republicans' money and wealth and redistribute it to Democrats. Nobody tell him how 401ks are taxed. Let’s not be obtuse. There’s nothing stopping the government from rewriting the law to remove the tax advantaged status of qualified retirement accounts or limit the amount you can contribute or phase them out over a certain income level. In addition, 401k are linked to the market in many cases. An outrageous capital gains tax will chill the market which will negatively affect 401k |
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KY, USA
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Posted: 4/25/2024 1:35:17 PM EDT
[#19]
Quote HistoryOriginally Posted By C3H5N3O9: Let’s not be obtuse. There’s nothing stopping the government from rewriting the law to remove the tax advantaged status of qualified retirement accounts or limit the amount you can contribute or phase them out over a certain income level. Nothing stopping them from reforming Social Security into a reasonable program either. Some how that never happens, though. |
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Posted: 4/25/2024 2:06:57 PM EDT
[#20]
Quote HistoryOriginally Posted By ACEB36TC: It's almost like Biden is a dumbass. It's almost like anyone who votes in a manner to keep him in office are also dumbasses. See: several GDers. |
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Posted: 4/25/2024 3:02:17 PM EDT
[Last Edit: LesBaer45]
[#21]
Quote HistoryOriginally Posted By kc-coyote: https://www.ar15.com/forums/general/Coming-attractions-for-taxes-if-potato-somehow-wins-again-/5-2721201/ Now add on certain states Capital Gains taxes on top of the Feds. Probably looking at 60% total in some cases.  
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KY, USA
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Posted: 4/25/2024 3:33:15 PM EDT
[#22]
Quote HistoryOriginally Posted By LesBaer45: Now add on certain states Capital Gains taxes on top of the Feds. Probably looking at 60% total in some cases. My state's capital gains tax is at the full income rate. I have no idea what other states CG rates are, but I suspect that is fairly common. |
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Posted: 4/25/2024 3:42:21 PM EDT
[#23]
But, how would Hunter still afford all those hookers and blow?
Hunter Biden spent a staggering $872K on prostitutes, porn and sex club memberships and took $1.6 M from ATMs I guess 10% of Biden signs $95 billion Ukraine, Israel aid bill will be enough to carry Hunter and the family through.... |
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TX, USA
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Posted: 4/25/2024 3:44:39 PM EDT
[#24]
Quote HistoryOriginally Posted By grendelbane: Nothing stopping them from reforming Social Security into a reasonable program either. Some how that never happens, though. Quote HistoryOriginally Posted By grendelbane: Originally Posted By C3H5N3O9: Let’s not be obtuse. There’s nothing stopping the government from rewriting the law to remove the tax advantaged status of qualified retirement accounts or limit the amount you can contribute or phase them out over a certain income level. Nothing stopping them from reforming Social Security into a reasonable program either. Some how that never happens, though.  Attached File |
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Posted: 4/27/2024 3:09:35 PM EDT
[#25]
You think Biden demolished the economy in his first term? Just wait until his lame duck term.
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NV, USA
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Posted: 4/27/2024 3:26:06 PM EDT
[#26]
Quote HistoryOriginally Posted By Notcalifornialegal: He can call for it all he wants. That would never pass the House. Just order IRS to enforce it. |
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Posted: 4/27/2024 3:37:46 PM EDT
[#27]
Quote HistoryOriginally Posted By AK-12: Yellen has been talking about taxing unrealized capital "gains" since at least 2021. Of particular, and yet completely unsurprising interest, is that the Biden Treasury is justifying this partially because it will disproportionately impact whites, because they invest at a higher rate than blacks and hispanics (mentioned specifically). Shades of Zimbabwe. https://www.ar15.com/media/mediaFiles/509384/1000002356-3197334.jpg https://www.ar15.com/media/mediaFiles/509384/1000002357-3197335.jpg And? That same cunt stated publicly she wouldn't "rule out" implemented negative interest rates in/around 05/2016. |
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Posted: 4/27/2024 3:42:55 PM EDT
[#28]
Quote HistoryOriginally Posted By Notcalifornialegal: He can call for it all he wants. That would never pass the House. No the shit fuck useless republicans will "compromise" and lower it to an even 44% and neo-con tards will lap it up like they did something solid. |
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FL, USA
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Posted: 4/27/2024 3:46:52 PM EDT
[Last Edit: insider]
[#29]
Bydumb is doing everything he can to lose the election.
 
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ND, USA
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Posted: 4/27/2024 3:57:18 PM EDT
[#30]
IIRC increasing the capital gains tax rate typically reduces tax revenue.
As FBO states, it's not about tax revenue, it's about fairness.  Obama: Let's Raise Capital Gains Tax Even if Less Revenue- Fairness - You might be a Leftist... |
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TX, USA
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Posted: 4/27/2024 4:05:38 PM EDT
[#31]
Taxation is theft
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TX, USA
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Posted: 4/27/2024 4:07:50 PM EDT
[#32]
Quote HistoryOriginally Posted By TheWhiteHorse: They keep spending and want us to pay. The whole issue is that Americans were “too wealthy” for the likes of the string pullers calling the shots. Their plan is going swimmingly |
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MD, USA
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Posted: 4/27/2024 4:15:42 PM EDT
[#33]
Do it. Let's get Civil War II stared.
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OH, USA
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Posted: 4/27/2024 5:06:06 PM EDT
[#34]
Quote HistoryOriginally Posted By Firearmsenthusiast: Holy shit, that would be catastrophic. Also a sure fire way to re-elect Trump, even people that hate him would want this revoked. People are stupid. That statement won't lose biden a single vote. If anything, it'll help solidify his FSA/reparation voter block. Do you think most of biden's voters even know what capital gains tax is or even have investments of any kind? No. And many people (regardless of politics) don't have even have investments, period... and most of the ones that do have investments have it in the form of 401k/IRA, which cap gains doesn't affect. |
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KY, USA
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Posted: 4/27/2024 5:09:08 PM EDT
[#35]
Quote HistoryOriginally Posted By Notcalifornialegal: Yes. Serious border reform isn't going to happen with a Democratic president unless there is a veto proof majority. Couple that with a Democratic majority in the senate and a RAZOR thin margin in the House and its simply impossible. Quote HistoryOriginally Posted By Notcalifornialegal: Originally Posted By laxman09: You sure about that? They just sent billions to other countries even though they said they would have to have border reform done first. Yes. Serious border reform isn't going to happen with a Democratic president unless there is a veto proof majority. Couple that with a Democratic majority in the senate and a RAZOR thin margin in the House and its simply impossible. Never going to happen period.....both parties have too much too gain in so many illegals. |
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SC, USA
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Posted: 4/27/2024 5:58:11 PM EDT
[#36]
Biden is the boat man, Break Out Another Trillion.
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Posted: 4/27/2024 7:15:21 PM EDT
[#37]
Quote HistoryOriginally Posted By R_S: But, how would Hunter still afford all those hookers and blow? Hunter Biden spent a staggering $872K on prostitutes, porn and sex club memberships and took $1.6 M from ATMs I guess 10% of Biden signs $95 billion Ukraine, Israel aid bill will be enough to carry Hunter and the family through.... That’s pretty good for an unemployed bum! |
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Posted: 4/27/2024 7:19:32 PM EDT
[#38]
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Posted: 4/27/2024 7:24:21 PM EDT
[#39]
Quote HistoryOriginally Posted By AK-12: Yellen has been talking about taxing unrealized capital "gains" since at least 2021. Of particular, and yet completely unsurprising interest, is that the Biden Treasury is justifying this partially because it will disproportionately impact whites, because they invest at a higher rate than blacks and hispanics (mentioned specifically). Shades of Zimbabwe. https://www.ar15.com/media/mediaFiles/509384/1000002356-3197334.jpg https://www.ar15.com/media/mediaFiles/509384/1000002357-3197335.jpg When they start taxing "unrealized gains" openly....there will be some realized population losses shortly after....in one way or another. |
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USA
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Posted: 4/27/2024 7:24:22 PM EDT
[#40]
Capital gains do need to go up, and a few other loopholes closed. But 44% would be silly and it needs to be on realized gains not this wealth tax bullshit.
The big thing that needs to change is the change in basis on death, that's some bullshit. |
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Posted: 4/27/2024 7:25:27 PM EDT
[#41]
Quote HistoryOriginally Posted By captexas: How about a Fixed.... |
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Posted: 4/27/2024 7:32:27 PM EDT
[#42]
Quote HistoryOriginally Posted By pmo12: Capital gains do need to go up, and a few other loopholes closed. But 44% would be silly and it needs to be on realized gains not this wealth tax bullshit. The big thing that needs to change is the change in basis on death, that's some bullshit. Go on… |
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TX, USA
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Posted: 4/27/2024 7:50:03 PM EDT
[#43]
Quote HistoryOriginally Posted By FALARAK: 1. A bulk of the retirement savings in the US are in 401k and IRA plans, which are not taxed at capital gains rates. 2. The "retiree" would need more than $1 million dollars a year in capital gains income to be impacted, and only the income OVER 1 million dollars per year would be impacted. How many "retirees" do you think have a capital gains income over $1 million? So just fuck the people that invested and worked to get to that level? That happens to be a goal of mine that I would like to see come true without the government fucking it all up. |
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Posted: 4/27/2024 8:06:02 PM EDT
[#44]
Quote HistoryOriginally Posted By pmo12: Capital gains do need to go up, and a few other loopholes closed. But 44% would be silly and it needs to be on realized gains not this wealth tax bullshit. The big thing that needs to change is the change in basis on death, that's some bullshit. Bullshit. All taxes need to go down. All across the board. There should be way more loopholes not less. Depriving the government of your money is a civic fucking duty. Anything else is communist stupidity. |
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Posted: 4/27/2024 8:15:43 PM EDT
[Last Edit: Scoobysmak]
[#45]
Quote HistoryOriginally Posted By denverdan: Bullshit. All taxes need to go down. All across the board. There should be way more loopholes not less. Depriving the government of your money is a civic fucking duty. Anything else is communist stupidity. Quote HistoryOriginally Posted By denverdan: Originally Posted By pmo12: Capital gains do need to go up, and a few other loopholes closed. But 44% would be silly and it needs to be on realized gains not this wealth tax bullshit. The big thing that needs to change is the change in basis on death, that's some bullshit. Bullshit. All taxes need to go down. All across the board. There should be way more loopholes not less. Depriving the government of your money is a civic fucking duty. Anything else is communist stupidity.  They want to spend my money on a center for gun violence and other bullshit, they can go CoC..... |
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TX, USA
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Posted: 4/27/2024 8:22:50 PM EDT
[#46]
Quote HistoryOriginally Posted By NavyDoc1: In addition, 401k are linked to the market in many cases. An outrageous capital gains tax will chill the market which will negatively affect 401k Bingo! Bye bye retirement savings for the middle class. |
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Posted: 4/27/2024 8:48:03 PM EDT
[#47]
What FJB is proposing is economic and financial poison.
Let's talk about cutting SNAP and Section 8 benefits by 50 percent first. |
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AK, USA
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Posted: 4/27/2024 9:07:49 PM EDT
[#48]
Quote HistoryOriginally Posted By FALARAK: Disingenuous article and discussion. While we all know that taxation = theft. But................. The ultra wealthy often do not have earned income. Often, all their income is from capital gains. Capital gains has a maximum tax rate of 20%, while working people have a rate of up to 37% (soon to be 39.6% again) on earned income. The proposal here, is to make capital gains taxes match earned income taxes on gains OVER $1 million dollars in a year. I do NOT subscribe to any sort of "eat the rich" mentality, and I personally benefit from lower capital gains rates every single year, but this proposal makes good sense to me. I have always felt the lower capital gains tax favored the ultra-wealthy disproportionally to the majority of taxpayers. The REASON this is lower is because of the power the wealthy have over Congress. The current tax system absolutely favors the very wealthy, and with lower capital gains tax rates combined with a step up in cost basis at inheritance, this ensures wealth grows in the upper 1% and allows the middle class to be slowly destroyed that much faster, as the net worth spread increases between the classes. I'd MUCH prefer seeing tax benefits directed at the middle class, to help this class of people prosper, or just see a flat tax across the board for all. This proposal is making taxes "flatter", so if you are a fan of the flat tax, that is exactly the direction this proposal is going. The problem is, so many of you just see anything from Biden as wrong, or any discussing on a tax increase as wrong...... without actually applying critical thinking skills. This starts to be a pretty dangerous argument. Most wealthy people are paying FAR more in tax amounts than anyone else, even if they are taxed at a lesser percentage. People get all tied up on percentages, as opposed to actual quantities. It is pretty hard to argue that most wealthy people aren't paying "their fair share" in terms of taxes vs services needed. I'm not saying there isn't plenty of room to address loopholes. But giving local, state, and federal governments more income CLEARLY doesn't result in better societies in Democratic led areas. I seems to do nothing but create a vicious cycle of exacerbating income disparity, no accountability in most low income programs, and a mentality that every self inflicted gunshot wound of a problem could just be solved if there was a higher tax base. Capitol gains is generally an investment tax. They are rewarding long term term investments. Increasing taxes on investments is a slippery slope. Will people invest less? Will it be harder to get capitol for projects and new development? Where will the money go? Toward cancelling even more student loans because people can't be bothered to repay their debts? |
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Posted: 4/27/2024 9:12:18 PM EDT
[#49]
Quote HistoryOriginally Posted By Middlelength: This starts to be a pretty dangerous argument. Most wealthy people are paying FAR more in tax amounts than anyone else, even if they are taxed at a lesser percentage. People get all tied up on percentages, as opposed to actual quantities. It is pretty hard to argue that most wealthy people aren't paying "their fair share" in terms of taxes vs services needed. I'm not saying there isn't plenty of room to address loopholes. But giving local, state, and federal governments more income CLEARLY doesn't result in better societies in Democratic led areas. I seems to do nothing but create a vicious cycle of exacerbating income disparity, no accountability in most low income programs, and a mentality that every self inflicted gunshot wound of a problem could just be solved if there was a higher tax base. Capitol gains is generally an investment tax. They are rewarding long term term investments. Increasing taxes on investments is a slippery slope. Will people invest less? Will it be harder to get capitol for projects and new development? Where will the money go? Toward cancelling even more student loans because people can't be bothered to repay their debts? WE WILL ALL OWN NOTHING AND BE HAPPY...... 
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Posted: 4/27/2024 9:24:19 PM EDT
[#50]
Quote HistoryOriginally Posted By NavyDoc1: Except, no, it’s completely wrong and smells of communism. Exactly. You and I could be pals doc. Fuck anyone that supports this bullshit. |
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