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Old 09-21-2012, 02:43 PM  
L-Pink
working on my tan
 
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Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,151
Quote:
Originally Posted by arock10 View Post
Ok so when I spend money on advertising, traffic etc, and turn a profit off that, why is this taxed at normal income. But if I buy some stocks, it goes up, I cash out a year later its taxed at 15%.

Or the total bullshit hedge fund manager/private equity loophole where everything is just taxed at 15% even though its definitely not long term gains
Think how much worse the economy would be if more of your capital gain was wasted by the government vs reinvested by you. Seriously.

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