3 ms·
Re: 1) it only applies to your primary residence. It's by no means the way top %1 in wealth maintain or create their income. [Edit: I thought it does. But I'm n
by starchild_3001 9y ago
Re: 1) it only applies to your primary residence. It's by no means the way top %1 in wealth maintain or create their income.
[Edit: I thought it does. But I'm not so sure anymore. Better scratch this comment]
2) I'd suggest examining double taxation. Corporations already pay taxes. It's unclear why an investor should pay additional taxes too on top of it, for the same profit.
- ghouse 9y ago1) That's inaccurate. From my own direct experience, it applies to any investment property. 2) You're making an argument to not tax dividends, not capital gains.