Quote:
Originally Posted by L-Pink
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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That's a great point. Most guys re-invest the money from capital gains to try and create more wealth. Which of course stimulates the companies whom they invest in. Which in turn makes those companies healthier.
Investment is the key to the economy growing (once the housing market rights itself).
Start handing that money over to the Feds to use so they can invade another country? Or waste billions on the "drug war"?
No thanks.