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Reply #44: Reductions in the capital gains taxes were justified on the ground
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JDPriestly
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Tue Apr-06-10 02:24 PM
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44. Reductions in the capital gains taxes were justified on the ground |
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that, since corporations already pay high tax rates, taxing capital gains would be double-taxation.
Now we know that is false. So we should start taxing capital gains income at regular income rates.
At this time, money earned from corporate investment is not being taxed at all. That is not right. That is why our government is in the red.
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