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Old 11-09-2013, 07:57 PM   #41
Arkie
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Join Date: Oct 2003
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Quote:
Originally Posted by houghtam View Post
The capital gains argument is one of the more ignorant (non-religion-based) arguments the right makes.

"Oh, my profits of investments are being taxed more than I want, so instead of still making money, I'm just not going to invest and then I'll make no money. That'll show 'em!"
Investors will always invest. It just may be in another country. We already tax capital and income much more than any other rich country. Only Denmark, France and UK exceeded us in 2011, but we are the worst in 2013.


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