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Response to BlueStreak (Reply #11)

Thu Sep 20, 2012, 12:11 AM

12. You said "semantic"!

 

I don't know about most people, but some will be subject to learning that the tax on capital gains is part of the income tax scheme of things that is part of our law.

Call it what you will, but capital gains are income, by definition, and they they are subject to a a tax; which most folks can understand is an income tax.

Simple stuff!

If you want to talk about low rates and/or who doesn't pay income tax; why not take up the problem with "ministers" who have a special law just for them and allows them to exclude from "income" amounts their employers designate as "housing".

The FFRF is challenging that as UNconstitutional.
I'm with the FFRF on that one!

Sincerely,
Robert Baty

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Replies to this discussion thread
Arrow 24 replies Author Time Post
TomCADem Sep 2012 OP
Travis_0004 Sep 2012 #1
Lochloosa Sep 2012 #2
Travis_0004 Sep 2012 #3
progree Sep 2012 #5
RLBaty Sep 2012 #9
lumberjack_jeff Sep 2012 #10
TomCADem Sep 2012 #4
progree Sep 2012 #6
Laura PourMeADrink Sep 2012 #7
progree Sep 2012 #15
Laura PourMeADrink Sep 2012 #22
Jeff In Milwaukee Sep 2012 #19
mary195149 Sep 2012 #8
BlueStreak Sep 2012 #11
LineLineLineReply You said "semantic"!
RLBaty Sep 2012 #12
thesquanderer Sep 2012 #13
progree Sep 2012 #14
TomCADem Sep 2012 #16
progree Sep 2012 #24
Travis_0004 Sep 2012 #18
TroyD Sep 2012 #17
Jeff In Milwaukee Sep 2012 #20
tavalon Sep 2012 #21
WI_DEM Sep 2012 #23
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