Hillary Clinton wants to increase capital gains taxes for top tax bracket

[AlacrityH]

I don't understand why capital gains tax isn't taxed as ordinary income in the first place. The super wealthy build their wealth through investments that are taxable via capital gains. Clearly, these tax laws favor the rich.

I don't see these Clinton changes as being bad. I have a feeling the ultra rich and hedge funds will be lobbying to spin this to get the dumb public riled up to oppose the tax hike.

Because not every investment turns out to be a profit and there's a substancial amount of risk involved. It isn't the same as a stable income.

[BrotatoChip]

I don't understand why capital gains tax isn't taxed as ordinary income in the first place. The super wealthy build their wealth through investments that are taxable via capital gains. Clearly, these tax laws favor the rich.

I don't see these Clinton changes as being bad. I have a feeling the ultra rich and hedge funds will be lobbying to spin this to get the dumb public riled up to oppose the tax hike.

Congress is rampant with insider trading and exchange manipulation. They won't pass any bill that hinders their ability to keep doing it.

There's a reason why the average senator is worth ~$1,000,000 even though they have small paychecks.

[tsbalr120]

I don't understand why capital gains tax isn't taxed as ordinary income in the first place. The super wealthy build their wealth through investments that are taxable via capital gains. Clearly, these tax laws favor the rich.

I don't see these Clinton changes as being bad. I have a feeling the ultra rich and hedge funds will be lobbying to spin this to get the dumb public riled up to oppose the tax hike.

Because cap gains is double taxation on investments.

[NeonEagle]

inb4 poor miscers storm in to defend the Rockefellers

lmao

when will these peasants learn?

[Starred]

Don't forget that the top tax bracket drives the economy with their investments, and this will hurt their willingness to invest.

lol no it wont

Because not every investment turns out to be a profit and there's a substancial amount of risk involved. It isn't the same as a stable income.

no gainz = no tax

b-b-but trickle down works! tax the rich people and give it to the poor! everyone knows that works great!

that phrase trickle down.... I don't think it means what you think it means



(that's a potato, btw)

[BullStampede]

I'd leave the US tomorrow if they wouldn't chase me down for more taxes. I'm srsly gonna be one those guys that renounces citizenship if she wins. I refuse to pay the literal majority of my income to taxes

Glad Im not the only one considering this.

Because not every investment turns out to be a profit and there's a substancial amount of risk involved. It isn't the same as a stable income.

this. Not to mention the fact that investments are what help our economy. Not your $15/hr job at Subway. This is taking the incentive away from short term investments. 3-YR yields will get axed since now you need to wait 6 years just to get what you would have at 3 years. This just makes investing unappealing for short term gains.

[midcoastking33]

blows my mind the amount of miscers who are cucks to billionaires

[MrVeggie]

once someone starts making >$200k a year, they learn how to hide the majority from taxes with loopholes especially millionaires/billionaires. If people seriously think these guys are paying full taxes they're delusional. In reality they're paying a fraction of those taxes.

[MustardTiger17]

Not in Trumps' America

[BrotatoChip]

Glad Im not the only one considering this.



this. Not to mention the fact that investments are what help our economy. Not your $15/hr job at Subway. This is taking the incentive away from short term investments. 3-YR yields will get axed since now you need to wait 6 years just to get what you would have at 3 years. This just makes investing unappealing for short term gains.

Speculation and day trading has never been anything but gambling, pure and simple. Short term investments are for computer algorithms backed by enormous pools of money and potatoes.

[Insanity_SC]

she can go fuk herself with this plan. Literally get fuked. Die in a goddam fire. 2, 3, 4,5 years is not short term bich. The hag insider traded for years and she has the gall to come up with retard "plan"? just call it what it is, a money grab to fund your pet projects to get Dem votes.

I'm sure she'll rape the top 20% too. Like all of her ilk do. Tax my income at 50% all in (income, SSI, medi, plus state income, sales taxe, etc). Then the 48% i have leftover I can invest. The profits get taken at probably 30+% with her plan for top 10% earners. Fuking brilliant you POS commie bich

no rant

[SnatchMan]

blows my mind the amount of miscers who are cucks to billionaires

Says the politician cuck

[Insanity_SC]

lol no it wont



no gainz = no tax

take a stats class. skipped to expected value. a decreased profit on profitable trades PLUS a probability of a loss (even without tax) makes a difference. a significant difference.

[BrotatoChip]

she can go fuk herself with this plan. Literally get fuked. Die in a goddam fire.

I'm sure she'll rape the top 20% too. Like all of her ilk do. Tax my income at 50% all in (income, SSI, medi, plus state income, sales taxe, etc). Then the 48% i have leftover I can invest. The profits get taken at probably 30+% with her plan for top 10% earners. Fuking brilliant you POS commie bich

no rant

lol how cute. You're angry but you don't even understand what this thread is about. This is about capital gains.

[Wh1teDyn0mite]

Tax people more who have done well for themselves. Makes sense...........................Not.

[Jubungee]

Don't forget that the top tax bracket drives the economy with their investments, and this will hurt their willingness to invest.

Yeah cause they'll stop investing all together. 80% of something is better than 100% of nothing.

[SnatchMan]

lol how cute. You're angry but you don't even understand what this thread is about. This is about capital gains.

You might want to stop being a ******* and read his post again.

[Insanity_SC]

lol how cute. You're angry but you don't even understand what this thread is about. This is about capital gains.

You cannot even read. No chit.

[BigDawg69]

going to lol when all the rich, smart, and talented people leave the USA and the leeches are stuck in this cesspool with nobody to feed on. Why should I stay in the US when I can go to the caymans with 10x better weather and pay 0% tax on all gains?


We are on our way to some elysium style chit

[whitecollarcrim]

going to lol when all the rich, smart, and talented people leave the USA and the leeches are stuck in this cesspool with nobody to feed on. Why should I stay in the US when I can go to the caymans with 10x better weather and pay 0% tax on all gains?


We are on our way to some elysium style chit

Because then you'll be out competed against by domestic guys.

----

Most billionaires are self made; most millionaires (less than 10MM net worth are self made.

Those between 10-500MM tend to be the ones with privileged lives and not as self made.
SRS.

[Beauuu]

You're full of chit.

Most millionaires are first generation, selfmade.

Its not that ****ing hard to become a millionaire if you're willing to do whats necessary.

[Starred]

take a stats class. skipped to expected value. a decreased profit on profitable trades PLUS a probability of a loss (even without tax) makes a difference. a significant difference.

Yes, lower expected value overall. Just gonna have to deal with it cuz

[KevinHarvick]

Yeah cause they'll stop investing all together. 80% of something is better than 100% of nothing.

http://www.sfgate.com/business/netwo...es-5135090.php

http://www.washingtonpost.com/blogs/...o-dodge-taxes/

You can't be cereal. They'll find other places to invest their money.

[BrotatoChip]

You cannot even read. No chit.

Oh I can read, you're mad about tax rates that she had no part in setting. And you're mad that you won't be able to outsmart the system with your leftover cash doing brilliant short term trades.

Lmao

[RIKTER]

Obama is on vid of wanting to raise cap taxes…even if it means less revenue as a result, because its more "fair." Thats the leftist mindset.

[Insanity_SC]

Oh I can read, you're mad about tax rates that she had no part in setting. And you're mad that you won't be able to outsmart the system with your leftover cash doing brilliant short term trades.

Lmao

so basically your post was completely irrelevant because I was speaking directly about capital gains tax. cap gains tax require discussion of income tax

too stupid to even read but thinks he has answers on cap gains. lol.

2 year trades is not short term nor outsmarting the system. It's basic to a functioning market.

[BigDawg69]

Oh I can read, you're mad about tax rates that she had no part in setting. And you're mad that you won't be able to outsmart the system with your leftover cash doing brilliant short term trades.

Lmao

You're going to be mad when there is no economic growth because all of the money is leaving the country for non socialist countries.

brb taking a huge risk investing my money so that 40% of it can be taken away if I make a profit

no thanks hillary

[GDPONE]

A. Im really not smart or educated enough is this area to say for sure what is what.

B. On the one hand from what I do understand it seems like this would be a good thing for the Govt.

C. On the other hand why should we care what is good for the Govt? This isnt going to make poor people less poor.

D. Although it might help to lower our national debt.

E. Probably not though cause the Govt wouldnt spend it on that.

[KevinHarvick]

100+ million a year is lottery/wealthy/overly wealthy money that actually needs to be taxed. I fear her "upper tax bracket" only hurts the realistic reachable income and barely touches the super wealthy

But, that would affect her.

[keyrat786]

deficits man, someones gotta cover expenses.