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Investment carries risks. You may lose instead of gain money. The reward must be worth the risk. The more of your gains that get taxed away, the lower your reward is. The lower the reward is, the less risk you can afford to take. The less risk that people take, the less money gets invested. The less money that gets invested, the less business can expand. The less business expands, the less jobs are created.
Now carry on with your usual leftist ignorant class envy garbage.
In all fairness, the reason they buy into the class warfare garbage is because they're mathematically, financially, and economically ignorant. I blame the K-12 public school system in this country. Only 1/3 of all public high school graduates are educated to 12th grade basic proficiency in math and reading. There are a LOT of poorly educated people out there, and they'll fall for anything that appeals to their emotions simply because they have inadequate knowledge and little to no critical thinking skills.
Simple, you're penalizing one person because you do not like the outcome.
It's like having a race. Since one kid is faster than the others and always win, you attach weights to his legs to give the others a chance to catch him. You are punishing the fast kid.
Sure, the fast kid was out training with his father while the other kids were eating Cheetos while playing X-box, but that doesn't matter. The important thing is that nobody is a lot more successful than the others. We need the results to be "fair".
People who are willing to risk money on investment, are the backbone, in fact, the very foundation of any worthwhile economy. If you have no investment, your economy will grind to a halt and collapse.
Simple, you're penalizing one person because you do not like the outcome.
It's like having a race. Since one kid is faster than the others and always win, you attach weights to his legs to give the others a chance to catch him. You are punishing the fast kid.
Sure, the fast kid was out training with his father while the other kids were eating Cheatos while playing X-box, but that doesn't matter. The important thing is that nobody is a lot more successful than the others. We need the results to be "fair".
The collective does not yet come before the individual as we are not a communist nation. Individual excellence should be congratulated..
In all fairness, the reason they buy into the class warfare garbage is because they're mathematically, financially, and economically ignorant. I blame the K-12 public school system in this country. Only 1/3 of all public high school graduates are educated to 12th grade basic proficiency in math and reading. There are a LOT of poorly educated people out there, and they'll fall for anything that appeals to their emotions simply because they have inadequate knowledge and little to no critical thinking skills.
Examples of 'ignorant'.
If I start with $1, and that $1 becomes $1.20, that $0.20 was not taxed.
That $0.20 is Capital Gains ..... it is absolutely "taxed" and they want to Tax it more after already taxing it when originally earned as income. It's also "Capital Gains" when you sell property for more than you paid for it. A house, a car, land, jewelry, antiques, art ..... any increase in value is 'Capital Gain' and could be subject to an additional Tax ..... depending on current tax code for that 'investment'.
Private sector investment is not required to create jobs.
This would imply that ONLY the Government should & does "create jobs" - a variety of Communist/Marxist Countries have gone this route. Private Sector Capitalism "creates" the vast majority of jobs in the USA, and yet there are still those who actually believe it's "not required" or necessary at all.
It boggles the mind that people believe this stuff and have such a distorted view of economic matters and investments.
A lot of people still believe in the Magic Money Tree that produces money. Pot of Gold at the end of the rainbow and Geese that lay Golden Eggs.
If I start with $1, and that $1 becomes $1.20, that $0.20 was not taxed.
That $0.20 is Capital Gains ..... it is absolutely "taxed" and they want to Tax it more after already taxing it when originally earned as income. It's also "Capital Gains" when you sell property for more than you paid for it. A house, a car, land, jewelry, antiques, art ..... any increase in value is 'Capital Gain' and could be subject to an additional Tax ..... depending on current tax code for that 'investment'.
Private sector investment is not required to create jobs.
This would imply that ONLY the Government should & does "create jobs" - a variety of Communist/Marxist Countries have gone this route. Private Sector Capitalism "creates" the vast majority of jobs in the USA, and yet there are still those who actually believe it's "not required" or necessary at all.
It boggles the mind that people believe this stuff and have such a distorted view of economic matters and investments.
A lot of people still believe in the Magic Money Tree that produces money. Pot of Gold at the end of the rainbow and Geese that lay Golden Eggs.
We're moving towards communism.
"Only the Government" can do anything for us anymore.
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