Ok, so let me get this straight.
If I work hard and decide to save my money, in say, a treasury bill that pays me 5% on my money, and out of that 15% is taken for taxes. Then what is the point in my saving? You're taxing what I am trying to save. You taxed that money when I got paid, you tax that money with sales taxes, with property taxes and so on.
It seems like I am paying more and more in taxes and getting less and less in my returns. You seem to want to keep taxing me.
Seems to me instead of fighting for a capital gains tax, the true fight should be for a flat income tax or sales tax and be done.
__________________
I just love people who use the excuse "I use/do this because I LOVE the feeling/joy/happiness it brings me" and expect you to be ok with that as you watch them destroy their life blindly following. My response is, "I like to put forks in an eletrical socket, just LOVE that feeling, can't ever get enough of it, so will you let me put this copper fork in that electric socket?"
|