HappySqurriel on 29 April 2012
| Salnax said: So long as they are taxed proportionately at least as much as the workers, I can deal with it. My chief economic irk at the moment is that they don't. |
In what way are you talking about?
The taxes on both income and capital gains disproportionately tax those that earn more. Capital gains taxes (across all tax brackets) are lower taxes because increasing them would represent a form of double taxation which would be unfair. Wealthy people generally make their money from investments not salary and are therefore primarily pay capital gains tax.
If you don't think this is fair, the appropriate solution (in my mind) is to lower income taxes not to increase capital gains taxes.
