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Liberal Gramma

(1,471 posts)
1. And I don't buy the double-taxation meme
Wed Sep 26, 2012, 11:05 PM
Sep 2012

It might have some resonance if capital was all earned money, already taxed, and then invested. Most of our wealthy investors inherited the money, so they haven't been taxed on it yet. And, if I buy a coffee with my taxed earnings, I'm paying sales tax on that, so "double taxation" is the norm. Personally, I think unearned income should be taxed at a higher rate than earned income.

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And I don't buy the double-taxation meme Liberal Gramma Sep 2012 #1
maybe luckyleftyme2 Sep 2012 #2
Agreed. Liberal Gramma Sep 2012 #3
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