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capital gains is the leftover of profit after tax. taxing capital gains is taxing profit twice. in my opinion, for a clean treatment of value taxation, either
by princeb 9y ago
capital gains is the leftover of profit after tax. taxing capital gains is taxing profit twice.
in my opinion, for a clean treatment of value taxation, either corporate tax or capital gains tax must go.
- aaronblohowiak 9y agoNo, I don't see it that way -- Taxing dividends is taxing profit twice, not capital gains. Capital gains is taxing asset appreciation.
- dasil003 9y agoNo it's not, the corporation is taxed once, and the dividend recipient is taxed once. If a corporation is to have rights of personhood it needs to pay taxes as well. Also capital gains can come from many sources that aren't taxable.