No. of Recommendations: 6
"And for myself, I see no reason why my investment gains, which I spend maybe a couple of hours/year on, should be taxed at lower rates than the money I *actually put in work* to earn. '
If you feel this way, just make a donation annually to the IRS to top up your capital gains and dividends taxes to the ordinary income rates.
I don't think this is a political issue. It is strictly business.
in other words, Will Berkshire buyback less stock with a 4% tax? I think so
Will many people with very large capitals gains sell before an increase in tax rates
would become effective? 100%
