Quote:
Originally posted by nota
I have no real problem with fair progressive tax rates
but think unEARNED income should not be taxed at a lower rate then the workers pay
so huge capital gains should bring a huge tax bill
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Typical socialist BS, thinking that there is such a thing as "unearned" income. (Yea, the government/IRS uses this term -- I'm sure the term was chosen carefully to appeal to fools, much the way government "handouts" have been renamed "entitlements.")
I've paid taxes on "unearned" income before. (I'll be having to pay more on it this year.) It represents some of the hardest work I've ever done when it comes to
earning money.
Of course, sitting up until 4 a.m. studying businesses (doing things like reading SEC filings) is something that I'm sure you'd claim isn't "work."
I'm certain that in your primitive brain, some idiot smashing stones with a sledge hammer in a rock quarry is "working harder" than anyone using his intellect to earn wealth.