Quote:
Originally Posted by arock10
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
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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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