Quote:
Originally Posted by pan6467
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.
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I agree with this. We need tax reform immediately. I am taxed to death I no longer feel like working anymore. What's the point. Over 40% of my income is taxed. Give me a break. Flat tax is the only tax that is not regressive or progressive. Simple.
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