Should capital gains be taxed or not?
 

What do you guys think?

Yes, unless they are my capital gains.

capital gains from foreign entities yes. otherwise no.

capital gains taxes are more progressive than a flat income tax.

buy a painting valued at 1.5 million dollars - sell that painting for 2 million. Would you rather pay taxes on all 2 million of that - or just 500k profit you actually realized?

~brett

They should be taxed, but not at the current 28% level (Fed + State).

About half that figure would be right, so 14% should be the rate.

It's funny that in this country we have a ZERO percent capital gain tax rate on profits recieved from your home, as long as you take the money and invest it in another house (primary residence) within 12 months.

Proof to the democrats that taxation DOES hinder economic growth, and in this case of ZERO TAXES, spurs tremendous growth.