Peter Skelton wrote:

:On Sun, 14 Sep 2008 09:02:22 -0700, Fred J. McCall
wrote:
:
:"Eisboch" wrote:
:
::
::"wf3h" wrote in message news:28a17e74-ce4b-455d-b265-
::
::the BIG difference is that NONE of my income is from capital gains!!
::how much of middle class income do you think comes from capital gains?
::
:
:Start taxing capital gains at an even more confiscatory level and see
:just what happens to "much of middle class" retirement.
:
::
::that's EXACTLY why the rich set up this system...so they wouldnt have
::to pay taxes, knowing full well that most of THEIR income is from
::capital gains, while middle class income comes from actually WORKING
::for a living
::
:
:Yes, the wealthy never do anything, do they? Makes you wonder how
:they got and stayed wealthy...
:
::
::---------------------------------
::
::It's amazing to me to witness the different views of capital gains and
::capital gains taxes.
::
::Some see it your way. Others see the reduction of the capital gains
:enalty (taxes) as a means to encourage investment into the general economy
::which, turns out, promotes growth, employment and new opportunities.
::
::The fact that you have never figured out how to take advantage of it doesn't
::mean it's bad for all.
::
:
:In point of fact, capital gains is a PUNITIVE tax. The rich didn't
:put it in place. Morons like Eisboch did.
:
:Bull**** Fred.
:

Bull**** yourself, Peter.

:
:Capital gains are income,
:

Which has already been taxed once before it gets treated as capital
gains.

:
:you are a believer in
:flat tax aren't you?
:

Define what YOU mean by 'flat tax' and perhaps we could see.

But you're too busy being insulting and squealing to hold a real
conversation with...

:
:Flat tax is an especially odious form of voodoo economics.
:

Thus speaks ignorance...

--
"Ignorance is preferable to error, and he is less remote from the
truth who believes nothing than he who believes what is wrong."
-- Thomas Jefferson