From Deseret News archives:
Demo tax plan question
I do not consider it a gain if an investment is merely keeping up with inflation. The tax code conveniently ignores inflation and calls it "long-term capital gains" instead.
Now we learn that the tax increases planned by Democrats will only apply to those "rich" taxpayers who earn more than $250,000 per year. Not being in that group, will they not raise my capital-gains taxes? Or do Democrats assume only the "rich" invest in stocks and are taxed on long-term capital gains?
Werner A Ruemmele
Bountiful
Recent comments
This thread has taken a lot of different paths today, with a lot of...
Mike Richards | June 19, 2008 at 12:01 a.m.
Thank you for understanding Constitutional law and attempting to...
@ Mike Richards | June 18, 2008 at 10:30 p.m.
To 9:55,
You have been treated with curtesy on this forum. There...
Mike Richards | June 18, 2008 at 10:03 p.m.
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