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Biden's capital gains tax proposal could crush the economy

#44
(This post was last modified: 05-01-2024, 10:13 PM by mikesez. Edited 3 times in total.)

(05-01-2024, 09:55 PM)Sneakers Wrote:
(05-01-2024, 08:13 PM)mikesez Wrote: 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?

If your point is Democrats are more likely than Republicans to complicate the tax code, I agree, they are, and it ain't great.

I don't know if we agree that the government should have some role in pushing solar energy over petroleum. Climate change is real and we need to import less stuff in general to protect the value of the dollar. There isn't a "great" way to do it, but probably the "least bad" way for them to do it would be offering prizes for breakthroughs. That's what John McCain proposed.
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
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Messages In This Thread
RE: Biden's capital gains tax proposal could crush the economy - by mikesez - 05-01-2024, 10:10 PM
copycat - by copycat - 04-27-2024, 08:09 PM
RE: copycat - by mikesez - 04-27-2024, 10:05 PM



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