On Tue, 20 Jul 2010 20:03:12 -0600, Canuck57
wrote:

On 20/07/2010 7:51 PM, bpuharic wrote:
On Mon, 19 Jul 2010 22:11:52 -0600,
wrote:x.

nope. capital gains are income. sorry.

Say you owned an average company, stable but average in every way.
Worht $1 a share. Pays a constant 4% dividend. Some decades later it
is worth $4 but every you could by for a $1 is now $4, in dollars you
have 4 tiems as much but in buying power you are the same. Thus no real
gain other than the dividend you get.

you pay CGT on equities when you sell them. then they are income.

you dont know much about economics, do you?
and it's taxed at 15%. another example of socialism for the rich

You have one redeeming value. Reminds us all that stinking leftist
whining is a severe limitation to personal wealth.


to you, anyone to the left of mussolini is a leftist.

and if the right wing is so correct

why is the economy in the toilet after 30 years of reaganomics?