Biden Proposes 44.6% Capital Gains Tax- Highest in U.S. History

[Gus is dead]

It's not a punishment, it's the fact that the government needs money and the wealthy have the money and can supply that money without being forced from their homes or not being able to eat.

I have yet to have a wealthy person crying about their taxes who's been willing to trade incomes with a poorer person so that they could pay a lower tax rate.

And you could avoid paying those taxes entirely by just simply giving the money away. But again they don't want to do that.

It's the principal. NO ONE should have to pay that percentage of income to the government. Period. Stealing is immoral.


It's like saying it's OK to steal someone's car because they can afford for you to do it. It actually is exactly the same if you really think about it. So far, the tax rates and payments are given voluntarily, so there is a difference, but only because of the penalty of imprisonment.

 

[herkyhawk00]

"....to make your life better, easier, and safer". Likely to provide services the private market sucks at doing.

SMH…..if that is what you think.

 

[abby97]

It's not a punishment, it's the fact that the government needs money and the wealthy have the money and can supply that money without being forced from their homes or not being able to eat.

I have yet to have a wealthy person crying about their taxes who's been willing to trade incomes with a poorer person so that they could pay a lower tax rate.

And you could avoid paying those taxes entirely by just simply giving the money away. But again they don't want to do that.

If the government needs more money, they need to stop spending what they already don't have.