Comments on: Eliminate the Capital Gains Tax (2008-02-25) http://mensnewsdaily.com/2008/02/29/eliminate-the-capital-gains-tax-2008-02-25/ Men's Rights Activism, MRA Politics, Analysis, Commentary and Global News Sun, 22 Nov 2009 22:29:23 -1000 http://wordpress.org/?v=2.8.6 hourly 1 By: jackal1994 http://mensnewsdaily.com/2008/02/29/eliminate-the-capital-gains-tax-2008-02-25/comment-page-1/#comment-59508 jackal1994 Sat, 01 Mar 2008 00:12:27 +0000 http://mensnewsdaily.com/2008/02/29/eliminate-the-capital-gains-tax-2008-02-25/#comment-59508 If this is truly for the common man, than why not put a floor at which taxation on capital gains STARTS. Say, if you make less than $20,000 per year in capital gains you pay $0. If you make $30,000 in capital gains per year you pay taxes on $10,000 ($30,000 minus the $20,000 allowance). If you make $150,000 in capital gains per year you pay taxes on $130,000 Anybody who pushes for total elimination for the capital gains tax I sincerely doubt is concerned about the common man at all. I understand and agree with everything you say about the common man building a successful retirement. But this has nothing to do with the Trumps and Gates and Martha Stewarts paying on their millions they make per year in capitals gains--which is the way it should be, and what would end under your plan. If this is truly for the common man, than why not put a floor at which taxation on capital gains STARTS. Say, if you make less than $20,000 per year in capital gains you pay $0.

If you make $30,000 in capital gains per year you pay taxes on $10,000 ($30,000 minus the $20,000 allowance).

If you make $150,000 in capital gains per year you pay taxes on $130,000

Anybody who pushes for total elimination for the capital gains tax I sincerely doubt is concerned about the common man at all. I understand and agree with everything you say about the common man building a successful retirement.

But this has nothing to do with the Trumps and Gates and Martha Stewarts paying on their millions they make per year in capitals gains–which is the way it should be, and what would end under your plan.

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