Cap Gains tas is lower not by coincidence

Post #289,082 by bepatient 7/16/07 9:55:50 AM Reply	Cap Gains tas is lower not by coincidence Its done specifically to encourage people to invest in capital instead of in commodities or other non-productive resources. And, of course, it is a "rich people" tax because, in general, those people that have the money to make those investments already have money. Shall we have them build big houses and never sell them, or shall we have them invest it in operating businesses to continue to drive the economy? Too much of today's music is fashionable crap dressed as artistry._{Adrian Belew}
Post #289,085 by boxley 7/16/07 10:42:12 AM Reply	they are already building big houses they cant sell they cant sit with the money under the mattress, its got to be on the street earning. Now a 5.5% savings account gets the cash to a bank that vigs it out at 10-29% and the economy rolls. Buying stocks is an alternative that will outstrip the banks but if it was taxed as straight income both the savings account and the stocks will still make money. As far as taking the cash out of circulation, the first thing a rich person learns is never touch principal, sitting on assets will dig into the primary pile. thanx, bill Quantum materiae materietur marmota monax si marmota monax materiam possit materiari? Any opinions expressed by me are mine alone, posted from my home computer, on my own time as a free american and do not reflect the opinions of any person or company that I have had professional relations with in the past 51 years. meep reach me at [link\|mailto:bill.oxley@cox.net\|mailto:bill.oxley@cox.net]
Post #289,185 by CRConrad 7/17/07 2:31:52 AM Reply	Is this also a coincidience? I point out how you ALWAYs come down on the side of Big Biz against Average Joe, you seem to try to say it ain't so and I'm somehow mistaken... Now it looks like you're coming down on the side of Buddy Rich against Average Joe, but I assume I'm only imagining this, too? I mean, sheesh, man... WTF is it with you? Are you seriously trying to claim you're ALWAYS "just playing Devil's Advocate"? (It seems it hasn't occurred to you that ALWAYS being His advocate amounts to actually arraying yourself in His ranks.) [link\|mailto:MyUserId@MyISP.CountryCode\|Christian R. Conrad] (I live in Finland, and my e-mail in-box is at the Saunalahti company.) Ah, the Germans: Masters of Convoluted Simplification. — [link\|http://www.thetruthaboutcars.com/?p=1603\|Jehovah]
Post #289,210 by bepatient 7/17/07 8:40:00 AM Reply	I'm not coming down on ANY side. Thats simply the economic truth behind cap gains. I didn't voice support for it, nor did I voice disdain. It is what it is. I already know WTF it is with you. Its been that way around here for years. Glad you could catch up. Have a pow-wow with Ashton for pointers. Too much of today's music is fashionable crap dressed as artistry._{Adrian Belew}

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