Re:In the Beginning, There Were Taxes
by newacct583 on Saturday April 17, 2021 @09:55PM
(#26849132)
> The second half of that statement is purely argumentative and as stated can neither be falsified nor proven true.
OMG. I was paraphrasing YOUR COMMENT! Precisely because it's irrefutable nonsense.
[And the fact that you came back after nine hours to edit your comment to make it look like you had more to say is just... <chef's kiss>]
The first half of the statement is also not obviously true to me, given the large amount of wage income that is federally marginally taxed at 22 or 24% and the large amount of long-term capital gains that are taxed at 23.8%.
Is some wage income taxed higher than some investment income? Obviously, yes. Is that done specifically to disincentivize work? I don’t think so. Are long-term capital gains and qualified dividends taxed lower in order to incentivize long-term investing? I think so. Do we conclude from that that politicians hate workers more than investors? Exploring that requires looking at facts not yet in evidence here.