"wf3h" wrote in message
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On Sep 27, 4:35 pm, "Canuck57" wrote:
"Jack" wrote in message

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On Sep 27, 11:29 am, wf3h wrote:



and you don't have a right to a tax rate of 15% if you're rich. if
you're rich you pay the same rate as the middle class

Another liberal fable. The rich pay a 35% tax rate on income. It's
the rich Demoncrats in DC that pay *no* taxes, as we've all seen over
the last few months, eh?

jesus...another bag of hammers

the tax rate on capital gains is 15%.

but you don't know that 'cuz rush keeps telling you how much he pays
in taxes
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And adjust that for inflation!

For example if I bought a barrel of oil 50 years ago or a bar of gold, has
it increased in value or has the currency depreciated?

This is like which weighs more, a pound of lead or pound of feathers.

If you capital appreciates at 3% and inflation is at 3% you in fact pay 15%
tax on the gain and have less value. That is, lost money.

Part of why you buy stocks is that they will appreciate with inflation. But
you want more than inflation to cover taxes or you will loose value.

You will here more on "value" investing as the value of currency is becoming
less meaniingful.

Any earnings, are taxable at full rate.

Now I know, liberla low life can't understand this, but it is why most
liberal low lives don't have money or lose it pretty quick.