So now you’re shifting the argument to capital gain instead? Like FLU said, that’s the way the system work for a very long time. Either find way to succeed with the system or find another system that’ll make you more happy.
The capital gains tax rate is a big loophole that needs to be fixed immediately. Then we can work on increasing the rates on those in the upper income brackets.
And there’s no need for me to find another system. All I need to do is wait for Obama to get elected. With a Democratic majority in Congress and Obama as President, I think the tax system will get changed a might quickly.
After Obama ends the war and increases taxes, we can go back to being a nation that pays its bills as it goes as opposed to taking on mountainous debt.
You guys have seen what happens in the housing market when there is too much debt. Why would you want the same thing for the entire country? Don’t you want the U.S. to be a nation that pays its bills?
