Quote:
Originally Posted by Manseed  Edit: Oh and it fucks everyone with a 401k too. Since your social security JOKE on this country has failed, you're screwing everyone by raising capital gains. |
Gains in a 401(k) aren't subject to capital gains taxes.
Quote:
|
Edit again: Oh, and government revenues of capital gains have always been higher when the tax was lower, because it encourages a lot of people to invest.
|
You decide when you pay capital gains taxes. If you know rates are going to go down, you hold off selling stocks until the lower rate takes effect. Yes, the year following a drop the revenue goes up, not so much the year after that.
Quote:
|
So, tell me, who wins here?
|
Not you, I'm afraid.
