09-21-2012, 03:24 PM
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Ah My Balls
Industry Role:
Join Date: Feb 2007
Location: Under the gold leaf ICQ 388-454-421
Posts: 14,311
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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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edit: misread.
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