Create Account



The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show significantly less advertisements to registered users, so create your account to benefit from this!
Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.
Biden's capital gains tax proposal could crush the economy

#43

(05-01-2024, 08:13 PM)mikesez Wrote:
(05-01-2024, 07:32 PM)Sneakers Wrote: You're confusing hourly workers with part-time workers.  Many hourly employees work a consistent schedule with little or no variation in pay. 

An employee is free to seek other and/or supplemental employment in a slow period and many in seasonal industries do so.  When the value of stock decreases, an investor cannot simply liquidate the asset, recover the money and put it into another investment because the principal has been reduced.

If you want to argue that all income, regardless of inherent risk, should be taxed equally fine, that's an opinion and you're entitled to it, but don't try to justify it by claiming the risks are the same, because they're not.

The risks are different but not different enough to justify special treatment.

I don't agree, but okay.  What about the source of the income?  Does investment in an industry that supports the public good and/or provides much needed services deserve any special consideration?  If your capital gain is from solar energy development and mine is from Exxon, should we pay equal taxes?
When you get into the endzone, act like you've been there before.
Reply


Messages In This Thread
RE: Biden's capital gains tax proposal could crush the economy - by Sneakers - 05-01-2024, 09:55 PM
copycat - by copycat - 04-27-2024, 08:09 PM
RE: copycat - by mikesez - 04-27-2024, 10:05 PM



Users browsing this thread:
1 Guest(s)

The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show less advertisements to registered users, so create your account to benefit from this!
Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.


ABOUT US
The Jungle Forums is the Jaguars' biggest fan message board. Talking about the Jags since 2006, the Jungle was the team-endorsed home of all things Jaguars.

Since 2017, the Jungle is now independent of the team but still run by the same crew. We are here to support and discuss all things Jaguars and all things Duval!