Quote:
Originally Posted by lookout123
Yes, you should definitely place higher taxes on the fruits of a positive behavior. That'll teach people to save and invest more.
I find it strange that the people who most often support raising capital gains taxes are the least likely to understand how a capital gain is realized in the first place. It seems the usual reaction is 'someone has money making money??? let's take some from those rich bastards!'
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Or "Let's penalize people for investing in Malaysian sweatshops".
Split it between stateside investments (lower capital gains) and overseas investments (higher capital gains). Anything in a grey area to be considered overseas.