Let's raise Capital Gains to 50% for all gains above $250,000 (companies, dollar, rating)

[freightshaker]

Why don't we just take all the money away from anyone with over $250K? How ridiculous.

[hotair2]

Originally Posted by freightshaker

Why don't we just take all the money away from anyone with over $250K? How ridiculous.

That would kill incentive.

[01Snake]

Originally Posted by hotair2

That would kill incentive.

And you would have nothing else to whine about.

[pghquest]

Originally Posted by hotair2

That would kill incentive.

You comprehend this, but for some reason, you have no problem taxing that incentive away?

[HappyTexan]

Originally Posted by 01Snake

And you would have nothing else to whine about.

If everyone can't be rich then everyone has to be poor.

America's Race to the Bottom..are we nearing the finishing line ?

[01Snake]

Originally Posted by HappyTexan

If everyone can't be rich then everyone has to be poor.

We just all need to be even right? We can all have the same car, the same house and the same salary. Joe can run a Fortune 500 company while Steve digs ditches. In the end, we all should simply be compensated the same so life is fair.

[Crossfire600]

Originally Posted by VTHokieFan

For the middle class investors, capital gains will be lowered to 10%, the rich will have their capital gains raised to 50%. Thoughts?

You need to finish or go back to school andpay attention this time?

[pghquest]

Originally Posted by 01Snake

We just all need to be even right? We can all have the same car, the same house and the same salary. Joe can run a Fortune 500 company while Steve digs ditches. In the end, we all should simply be compensated the same so life is fair.

Under liberal utopia world, Joe cant run a fortune 500 company because there wont be any. They would simply leave, or run by government, and we would all "elect" people to run the failed businesses which are left.

[freightshaker]

Originally Posted by hotair2

That would kill incentive.

and just what do you think it does when you tax someone at 50%? Same thing.. It kills incentive... Thank you.

[jdm2008]

50% is not the proper number. All earnings should be taxed at the same rate, it's ridiculous that wages earned by working are taxed at a higher rate than those not earned by working.