(04-26-2024, 10:33 PM)mikesez Wrote:

(04-26-2024, 09:32 PM)Sneakers Wrote: Great, you understand how critical the movement of money is.  Now, do you understand that higher net returns make investors more likely to sell property, thereby moving money (the economy) PLUS those sales not only generate other associated fees and taxes beyond capital gains (doc stamp tax, property transfer tax, recording fees, etc.) but also typically require peripheral actions that also move money (appraisals, inspections, surveys, etc.)?

Yes, but if you're going to lower taxes to stimulate economic activity, lower them on wages as well.  Those wages not only generate good feelings but also generate taxes beyond like sales tax, gas tax, and bed tax when the happy worker spends his extra money and goes on vacation.

Just treat income as income.  That's all I'm saying.