The Conservative Cave
Current Events => The DUmpster => Topic started by: LC EFA on July 18, 2009, 05:32:31 PM
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Hannah Bell Donating Member (1000+ posts) Fri Jul-17-09 10:02 PM
Original message
Why should capital gains be taxed at a lower rate than regular income?
Edited on Fri Jul-17-09 10:07 PM by Hannah Bell
Cap gains:
A capital gain is a profit that results from investments into a capital asset, such as stocks, bonds or real estate, which exceeds the purchase price. It is the difference between a higher selling price and a lower purchase price, resulting in a financial gain for the investor.<1> Conversely, a capital loss arises if the proceeds from the sale of a capital asset are less than the purchase price.
cap gains tax = 15%
Top marginal tax rate = 35%
I guess the point is to encourage investment but discourage labor.
"Why should workers work if you're going to tax it away?"
why isn't everyone quitting their jobs from the disincentive? i've been told several times today that we all work voluntarily, & can quit any time we like without being shot.
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x6092730
Why would I want to risk my money spending it on, say a extension to a property, that will employ 100 of these menials, when the larger part of my reward is going to be confiscated by the government.
valerief Donating Member (1000+ posts) Fri Jul-17-09 10:04 PM
Response to Original message
1. Because that's where rich people make money. Rich people can't afford to pay taxes.
Taxes are for the little people, as Leona Helmsley told us.
"Taxes are for the little people" ?
If that's the case why do you keep screaming that they be increased.
TexasObserver (1000+ posts) Fri Jul-17-09 10:07 PM
Response to Original message
3. It shouldn't. It's a scam to help people with money make more money.
The rationale given is that it encourages investment, but that's a lie. If we were concerned about that, we'd give better tax treatment to hiring employees, and less to buying shares of stock.
Can they really be this stupid ?
lexanman (52 posts) Fri Jul-17-09 10:13 PM
Response to Original message
4. listen you Marxist, rich hating Marxist
Marxists like you ask too many Marxists' questions. Rich people are rich because Marxists hate rich people and Marxists like yourself try and keep down the working man by telling them they are being taken advantage of. You see, wealth is a burden. Its like a giant sack of 100 dollar bill on people's backs and marxists like yourself cant carry that weight, so the wealthy will help take that burden off your Marxist back. See? did'nt that help you feel better and lighten your marxist load? Did I say Marxist enough, or should I have inserted some swear words too, sprinkles with ridicule.
How DARE you question capital gains, you unwashed peasant! :evilgrin:
Yeah, Yeah , lets go out and get those bourgois capitalist pigs comrade !
lexanman (52 posts) Sat Jul-18-09 01:46 AM
Response to Original message
15. they do
Its nice to see a person who knows whats going on. The game is up, and they are playing till the end.
Where is this mythical person ?
scarletwoman Donating Member (1000+ posts) Fri Jul-17-09 10:30 PM
Response to Original message
10. Labor=producing tangible goods that benefit society as a whole. Capital Gains=producing nothing
of value to anyone but the owner of the capital.
I am damn sick of the Owner Class getting all the breaks. They contribute nothing to the economy, why should they be taxed less?
If taxes are "the price we pay for civilization", then those who are already contributing to civilization by their labor should most certainly be taxed LESS than those who produce nothing.
sw
There is a reason we call you people DUMMIES.
GeorgeGist Donating Member (1000+ posts) Sat Jul-18-09 08:00 AM
Response to Original message
16. Because there's no work involved.
That's the magic of capitalism.
blindpig (1000+ posts) Sat Jul-18-09 08:44 AM
Response to Original message
17. "The rich are different from you and me."
"Yes, they have more money."
And they endeavor to keep it that way by every means, fair and foul.Then they make up stories, like libertarianism, to justify their crimes.
They take the obvious, that labor is superior to and begets capitol, and stand it on it's head. And then they steal freely.
Without capital, who's gonna pay for that labor.
Freakin' Genius.
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Another example of how the primitives know as much about economics as they know about anything else.
There's an answer to that question, but as primitives don't pay any attention to decent and civilized people anyway, no point in depreciating the keyboard answering it.
Stupid primitives. Really stupid primitves. Just really stupid primitives.
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Hannah Bell
I guess the point is to encourage investment but discourage labor.
People using their money to make money, and taxing that investment at a lower rate, does in fact encourage investment. But people using their own money to make money discourages them to continue to labor? :mental:
Where do they dream this nonsense up?
TexasObserver
It shouldn't. It's a scam to help people with money make more money.
The rationale given is that it encourages investment, but that's a lie. If we were concerned about that, we'd give better tax treatment to hiring employees, and less to buying shares of stock.
OK, here's the deal; let's enact a law that says for every $1 a company pays in wages, it gets to count $1.25 as a payroll expense. That would be better tax treatment to encourage hiring, right?
And I guarantee you'd scream in anger if that were to happen and call it coporate welfare. That's because you're a hypocrite.
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Another example of how the primitives know as much about economics as they know about anything else.
There's an answer to that question, but as primitives don't pay any attention to decent and civilized people anyway, no point in depreciating the keyboard answering it.
Stupid primitives. Really stupid primitves. Just really stupid primitives.
Why is it that the image of Homer Simpson with a crayon lodged in his brain comes to mind when I read DUmmie threads like this?
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scarletwoman Donating Member (1000+ posts) Fri Jul-17-09 10:30 PM
Response to Original message
10. Labor=producing tangible goods that benefit society as a whole. Capital Gains=producing nothing
of value to anyone but the owner of the capital.
Ok DUmbass. Explain to me why it is bad when the private sector produces nothing and gains but it is perfectly OK for the GOVERNMENT to produce LESS THAN NOTHING and still get paid?? Hmmmmm No answer? Thought not.
KC
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It takes capital accumulation to build the economy. If its all taxed away, there will not be capital accumulation and the economy will not move.
simple enough?
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It takes capital accumulation to build the economy. If its all taxed away, there will not be capital accumulation and the economy will not move.
simple enough?
Maybe someone should clue the DUmmy in how said capital is actually raised.
Math is hard! :(
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DU is a black hole for intelligence....
Not even rational thought or common sense can escape its massive gravity of stupidity....
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DU is a black hole for intelligence....
Not even rational thought or common sense can escape its massive gravity of stupidity....
The stock market is the ultimate in communal sharing. A group of Progressives pool their dope money to help Filthy Hippie get his Head Shop up and running. Filthy Hippie then shares his profits with the Progressives that helped Filthy Hippie get his enterprise off the ground in equal proportion to the amount invested by each individual persyn. If Filthy Hippie wants to expand his business and requires more capital, he can sell partial ownership and a percentage of the future profits of the Head Shop to even more Progressives.
Naturally, all this sharing will have to be taxed and regulated. Can't have Filthy Hippies just wandering around, can we?
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Hannah Bell Donating Member (1000+ posts) Fri Jul-17-09 10:02 PM
Original message
Why should capital gains be taxed at a lower rate than regular income?
Why should income be taxed at a higher rate than capital gains? Answer that one.
Dipshit.
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Oh. My. God.
(http://blogs.discovermagazine.com/badastronomy/files/2008/09/thestupiditburns.jpg)
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(http://www.8ball.co.uk/tshirts/fawltytowerst-shirt-manuel_2_107736_denim-blue-navy-print_m.jpg)
That is all.