Capital gains income’s tax discount is unjustified.
Profits due to the sale of anything owned by the seller for at least the full year prior to the sales transaction are granted extraordinary and unjustified tax reductions for their long term capital gain incomes.
I do not argue that incomes of those who continuously reinvest into and strive to nurture their enterprises are MORE worthy but they are CERTAINLY NOT LESS economically worthy than those who choose to “take the money and run”.
The lesser tax rates granted to commercial capital gains reduce federal revenues and increases our budget’s deficits.
(It's politically unfeasible to eliminate this consideration for taxpayers' selling their primary residence).
Tax treatment favoring any particular type of business model discourages enterprises from attempting to innovate and create other business models. I’m generally opposed to government choosing winners and losers.
Many who declare themselves to proponents of competitive enterprises functioning within transparent open markets are actually defenders of our reduced tax rates favoring long term capital gains. They are strong proponents of government welfare programs most favoring large scale investors and their enterprises.
Our nation has been joining those in which extremely small segments of the nations' populations own the greater proportions of their nations' wealth and annual productions.
When such nations experience economic booms, their corporate stock prices increase but the increases are less likely to be fully reflected within their median wage.
A good tide raises ALL vessels; (i.e. both small boats and great ships are raised).
Our economic boons accompanied or caused by increased corporate stock market indicators are too often not accompanied by increased median wages. Such boons are generally unsustainable and their trailing economic down turns too often become net economic loses,
Nations’ with greater dependent upon the wealthy to prop up their economies are poorer (than otherwise) due to that very dependence.
Free enterprises practicing in public, competitive, equitable markets are economically more sound and dependable.
.
Respectfully, Supposn
Profits due to the sale of anything owned by the seller for at least the full year prior to the sales transaction are granted extraordinary and unjustified tax reductions for their long term capital gain incomes.
I do not argue that incomes of those who continuously reinvest into and strive to nurture their enterprises are MORE worthy but they are CERTAINLY NOT LESS economically worthy than those who choose to “take the money and run”.
The lesser tax rates granted to commercial capital gains reduce federal revenues and increases our budget’s deficits.
(It's politically unfeasible to eliminate this consideration for taxpayers' selling their primary residence).
Tax treatment favoring any particular type of business model discourages enterprises from attempting to innovate and create other business models. I’m generally opposed to government choosing winners and losers.
Many who declare themselves to proponents of competitive enterprises functioning within transparent open markets are actually defenders of our reduced tax rates favoring long term capital gains. They are strong proponents of government welfare programs most favoring large scale investors and their enterprises.
Our nation has been joining those in which extremely small segments of the nations' populations own the greater proportions of their nations' wealth and annual productions.
When such nations experience economic booms, their corporate stock prices increase but the increases are less likely to be fully reflected within their median wage.
A good tide raises ALL vessels; (i.e. both small boats and great ships are raised).
Our economic boons accompanied or caused by increased corporate stock market indicators are too often not accompanied by increased median wages. Such boons are generally unsustainable and their trailing economic down turns too often become net economic loses,
Nations’ with greater dependent upon the wealthy to prop up their economies are poorer (than otherwise) due to that very dependence.
Free enterprises practicing in public, competitive, equitable markets are economically more sound and dependable.
.
Respectfully, Supposn
