Samwell Seed Well
Well-Known Member
smells like gods asshole
Dude. I said that. Twice tax. Once to collect the investment money is taxed, then you are free to invest. That taxed money is not free to you. If you make anything out of it you get a second tax. You put that money to work and you will get a 3rd tax on those gains.Only the gains, the "fresh money", are taxed. cn
Reinvesting constitutes a new trade, you're not taxed until you withdraw the "profits" or "proceeds", thus you are only taxed on gains, hence it's name.Dude. I said that. Twice tax. Once to collect the investment money is taxed, then you are free to invest. That taxed money is not free to you. If you make anything out of it you get a second tax. You put that money to work and you will get a 3rd tax on those gains.
This is envy. And a tool of divisiveness. There is no fairness, here. It is suppose to be motivational. There are very, very few Paris Hilton's and very very many business that are taxed at ordinary income, make close to $1M year and manage to hire and keep people employed, no thanks to the govt.Once you realize this tax isn't for economic reasons it's for social reasons you'll fall in line like a good citizen. There are trust fund babies like Paris Hilton (ignore for a sec that she's made a shitpot full on her own) that live off Daddy's capital gains and pay a lesser tax rate than her maid (ignore that she actually pays thousands of times her maids share, irrelevant). This tax is about fairness and all that is right in the universe.
Dude. I said that. Twice tax. Once to collect the investment money is taxed, then you are free to invest. That taxed money is not free to you. If you make anything out of it you get a second tax. You put that money to work and you will get a 3rd tax on those gains.Reinvesting constitutes a new trade, you're not taxed until you withdraw the "profits" or "proceeds", thus you are only taxed on gains, hence it's name.
IMO capital gains should be considered "income" under a fair tax system. Equality and all that.
Yeah so what's the fucking problem? If you want to sell something privately you're expected to legally to file it for taxes. Any sort of financial gain is taxed. Work is taxed so why shouldn't capital gains?Dude. I said that. Twice tax. Once to collect the investment money is taxed, then you are free to invest. That taxed money is not free to you. If you make anything out of it you get a second tax. You put that money to work and you will get a 3rd tax on those gains.GAINS on your already taxed income is taxed again.
If an investor doesn't take inflation into account before investing, he isn't a very good investorHarrekin,
What about inflation? Shouldn't it be taken into account with capital "gains?" A dollar now is worth more than a dollar tomorrow.
Do you even see the irony of ripping on someone's spelling....to Samwell? You might as well just call Samwell an idiot.i have had to correct his spelling for second grader words endlessly.
And that's why not everyone should invest...sadly not everyone can be winners, that spawns from another ridiculous liberal philosophy whereby everyone should get a medal just for participating btw.So you're an expert?What happens if you get stuck with a bear market. You only live so long. How long must one wait? I think the inflation rate should get deducted. Not everyone is a real winner. You can only gain when another loses.
Principal is taxed once. Gains are only taxed once, and become principal. Gains on gains are ... gains. I don't see the double, let alone the triple taxation you are claiming. cnDude. I said that. Twice tax. Once to collect the investment money is taxed, then you are free to invest. That taxed money is not free to you. If you make anything out of it you get a second tax. You put that money to work and you will get a 3rd tax on those gains.
In this new digital age, not all resources are finite.Harrekin,
No it's the law of conservation and finite resources. The free market can only handle so many of a particular and there are only so many particulars to choose from. You then compete. Not every entrant wins. They never will. Inflation is theft.
The digital age does not cover tangible commodities that can be loaded into boxcars or tankcars. Those are the important ones imo. cnIn this new digital age, not all resources are finite.
Ask Marc Facebookerberg or however the fuck his name is spelt.
Ask carbon credit exchanges.
Ask the securities markets.
Lots of pies to get fingers into.
The only really important resource is $$$$ ( or €€€€ for me ) because it can be traded for any resource. It's acquisition is key, the resource used to gain it is unimportant.The digital age does not cover tangible commodities that can be loaded into boxcars or tankcars. Those are the important ones imo. cn
In the short term, perhaps. But in the longer term, physical commodities are not only king but God-emperor. cnThe only really important resource is $$$$ ( or €€€€ for me ) because it can be traded for any resource. It's acquisition is key, the resource used to gain it is unimportant.
Your point is unquestionable, what would the world have been like without Pacman?!In the short term, perhaps. But in the longer term, physical commodities are not only king but God-emperor. cn
<add> $$$$ (or €€€€ don't mean much if there is a shortage of...
Ghostier. cnYour point is unquestionable, what would the world have been like without Pacman?!
You must spread some Reputation around before giving it to cannabineer again.Ghostier. cn