Capital Gains Taxes Explained in Simple Terms

Raising Revenue by Punishing Achievement
Fox News
Comments:
Dennis G. says:
1. Listen Up! Obama has a Socialistic view of the economy and how it should be developed. He wants the Government to control all aspects of business through regulation, ownerhip, or just plain heavy handedness. He is supported by Socialists, Communists and Progressives who now run rampant int the Congress and Senate. There is little difference betwee the three. We know though history, this economic view does not work. Obama, on the other hand, cannot change course from his life time training. Furthermore, we have those who feel they are entitled to live off the sweat of others because they deserve it. Generations on welfare and other forms of charity becomming a professional means of life. It is the same people once again that will get stuck paying all the bills, and premier Obama wants them to pay more so he can control those that have become addicted to the public feed pen. This is not the basic principles this Nation was founded upon. Let us get back to American Values and The American Work Ethic.
2. handyman says:
2. handyman says:
Capital gains, in other words money that is being used to gamble with, should not be taxed at all, you take the risk as a citizen of the USA, win or lose it is not any of the governments business! In the United States of America, We the People, have the right to own property! That means the Government has no right to know If we own anything, it is a right to own, how does that include the Government that is supposed to protect our rights? There is an amendment that was written, to perfectly clear, that it was understood even by the ignorant politicians, that is the right to own weapons or arms. That right is covered under the right to own property, and the right to protect and defend the property! Can you hear me mr. obozo and friends!!..
3. Sharon Buck says:
3. Sharon Buck says:
I agree. It is disheartening to hear employers talk about employees who won’t work but expect all the benefits. It is frustrating to watch young people turn down jobs because they don’t pay enough. It is aggravating to hear our leaders talk about those who have less having the right to take from those who have more. What kind of mentality is this? Whatever happened to the work ethic that America used to be so proud of (and so productive with)? What have we done to the generations coming up under us, allowing them to think that a hand outstretched deserves to be filled with what someone else has earned? It sickens me.
4. Scott Moore says:
4. Scott Moore says:
To me, fair share in taxes would be equal percentages for all levels of income. I mean, do we really need all these different write offs? Do we really need a tax return, we only get them because we overpay?
You see, I really don’t care how much money people make as long as they pay their taxes, and there is no need to over tax or, over regulate any business, because if you keep doing it, they’ll keep leaving…….Also let investors take the risks and reap the benifits or the tragedy, after all, isn’t that what is really fair?
So much more could be said, but I hope Obama’s stupid plan ends up dead.
5. Sonny says:
You see, I really don’t care how much money people make as long as they pay their taxes, and there is no need to over tax or, over regulate any business, because if you keep doing it, they’ll keep leaving…….Also let investors take the risks and reap the benifits or the tragedy, after all, isn’t that what is really fair?
So much more could be said, but I hope Obama’s stupid plan ends up dead.
5. Sonny says:
Why dont welfare people have to take a drug test? If you work you are required to take one. Why do people who pay no taxes but sponge off the ones who do are allowed to vote? They are only going to vote for the person who has the most freebies. Fraud runs rampant in the welfare system, we send billions to other countries and spend over 300 billion dollars per year on illegal aliens (undocumented Democrats). When is all this waste of taxpayer money going to stop?
