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CochraneResident

Joined: 01/28/2002 Posts: 4883
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Estate taxes don't make sense, but what's wrong with capital gains?


It's earned income on capital, and it is at a much lower rate than income.

I'm not just full of it, with no skin in the game. I've got multiple six figures in taxable accounts. I'm fine with paying 15% on gains. They should increase the amount that you can deduct for losses, but it seems fair to me.

(In response to this post by RoswellGAHokie)

Posted: 11/04/2017 at 10:03AM


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Current Thread:
 
  I know it's going to change, but I think I'm gonna get screwed on this tax -- halesvb11 11/03/2017 9:32PM
  Wait, what? When are they doing away with Strategic Arms Limitation Treaty? -- Freddyburg Hokie 11/04/2017 3:44PM
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  That's my concern. The House/Senate will screw it up. ** -- CochraneResident 11/04/2017 10:53AM
  When posting, avoid the topics of politics, religion and race. ** -- Brown Water 11/04/2017 08:49AM
  GEtting rid of SALT is makes absolutely NO sense. -- vt_mughal 11/03/2017 10:18PM
  Are you against estate and capital gains taxes then? ** -- RoswellGAHokie 11/04/2017 09:46AM
  Estate taxes don't make sense, but what's wrong with capital gains? -- CochraneResident 11/04/2017 10:03AM
  You bet ya! Lets move to a flat tax! ** -- EDGEMAN 11/04/2017 09:52AM
  Why keep SALT? What is the principle to not change it? -- HokieHutch 11/04/2017 08:00AM
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  Your paying money on level of income, -- RTFC 11/03/2017 10:54PM
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  It's fairly common knowledge that the GOP states use a -- CochraneResident 11/04/2017 09:08AM
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  I haven't read the details yet, but I think I may be in the same boat. -- MP4VT2004 11/03/2017 9:47PM
  Need to leave your high tax state/city. ** -- RoswellGAHokie 11/03/2017 9:41PM
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