Capital Gains should be taxed at a higher rate than wages (user search)
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  Capital Gains should be taxed at a higher rate than wages (search mode)
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Poll
Question: Capital Gains should be taxed at
#1
A higher rate than wages
 
#2
The same rate as wages
 
#3
A lower rate than wages
 
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Partisan results

Total Voters: 27

Author Topic: Capital Gains should be taxed at a higher rate than wages  (Read 1312 times)
Torie
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Posts: 46,101
Ukraine


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E: -3.48, S: -4.70

« on: September 18, 2011, 11:39:42 AM »

They should be taxed the same. As an added bonus, that would make the Tax Code a lot simpler because from an economic standpoint, interest and dividends and capital gains are all the same thing, and so the Tax Code has to go on for pages and pages trying to define which is which in a veritable galaxy of various transactions with only mixed success, so the courts have to decide which is which when clever tax lawyers try to manipulate transactions to convert ordinary income into capital gains. It does help enrich tax lawyers however. Smiley
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