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Old 01-04-2008, 12:47 AM   #4782
sebastian_dangerfield
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Quote:
Originally posted by taxwonk
It's not taking money away from people who have saved. I'm just saying that the same tax should be imposed on income from investment as from salary or wages. As for retirees, if they are counting on the income from savings being taxed at a lower rate, they get that through (i) a lower marginal rate on their lower retirement income and (ii) the appreciation for their working years tax-free.
How does that make for losing the lower cap gains rate pre-retirement?
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Last edited by sebastian_dangerfield; 01-04-2008 at 12:53 AM..
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