Quote:
Originally posted by Penske_Account
so they may fall in that range or may not. Either way, its obvious from the report that it is costing the economy billions. Because you self interested in the tax system and its inefficient complexities perpetuating themselves you want to wish it true the tax system is equitable or efficient enough to justify. But the people of America know that ain't the case, which is why they elect Republicans to do away with it. Too bad the meddling socialists keep getting in the way of the moral application of policy.
|
I've said it before and I'll say it again. Anyone stupid enough to avoid taking a gain or realizing income because they don't want to pay .34 of tax for .66 return should pay a higher tax. If anything, the current system is more efficient for the economy because it rewards, through the basis stepup at death, a long-term view of investing, which stabilizes capital.
