Natalie Goodnow

Discussion (1 comment)

  1. Larry says:
    July 21, 2015 at 10:52 am

    I’ve never understood the argument that capital gains are being taxed twice and therefore the it’s appropriate for the tax rate to be lower for cap gains.

    I’m a retail investor and I buy and sell stock. Sometimes I make money. It’s more like gambling than investing. I am just making a bet based on whatever inadequate info I have that this stock will be worth more tomorrow than today. I don’t care a crap if the company is paying taxes or not. And I think this is true for most investors.

    Double taxation? On who? Where?

    Oh, yeah, we own some stock so we are technically owners of the corp. And therefore taxed twice: once as an owner of the corp that pays taxes and once as an investor who reaps cap gains. Who are you guys trying to kid and why do you believe these fantasies?

    If you want an idea to reform cap gains taxation then here it is:

    No cap gains taxes for the first 10 years of a corporations life, then tax cap gains as regular income.

    The original investors who are taking the biggest risk get the biggest reward.

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