Quote:
Originally Posted by Jim in CT
it’s not the least bit bogus. investing involves significant risk, and it’s good to incentivize people to invest. bill clinton slashed capital gains taxes, and it was stimulative.
capital gains ind dividends should be taxed less than ordinary income, absolutely.
Posted from my iPhone/Mobile device
|
People don't invest because they are philanthropists. They invest because it builds wealth. Investment has risk, but generally the greater risk you take, the greater the chance of reward. That is a personal choice. The incentive to invest comes from the potential to get wealth. It is gambling. The people who benefit most are the people who have the most wealth and can handle the greatest risk. I can afford to put some money in to higher risk investments. I think it is bogus that money I make from that gamble is somehow considered more important than a person's employment so it is taxed less.
Posted from my iPhone/Mobile device