tag:blogger.com,1999:blog-7018073541417646773.post4361531460381203531..comments2024-03-28T18:11:29.865-04:00Comments on UNDERNEWS: The Trump regime's latest war on the working classUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7018073541417646773.post-21721959440365217022018-08-02T07:39:41.624-04:002018-08-02T07:39:41.624-04:00To be honest, it should account for inflation. An...To be honest, it <i><b>should</b></i> account for inflation. And be taxed at a higher rate than wage income, because wages are at most a single income stream, and require the using up of one's life. <br /><br />Investment income, in contrast, is "slave" income--it's the "enslaved" money's income, the money working while its owner is doing something else. The enslaved money's income, like all slave income, accrues to the owner, not the slave, and should be taxed accordingly. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7018073541417646773.post-29893641598926652882018-08-01T16:12:37.291-04:002018-08-01T16:12:37.291-04:00I've been a "penny pincher" for most...I've been a "penny pincher" for most of my life. For most of my life my income has placed me close to the US poverty class, but I've managed to save. I purchased $1k bank stock and sold it about ten years later for about $10k. Because of inflation I didn't have any "real" cap. gain!!! But I had to pay $9k gain. <br /><br />bc of two minds on indexing cap. gain.<br /><br />Anonymousnoreply@blogger.com