08-13-2015, 09:38 PM
(08-13-2015, 09:04 PM)fredtoast Wrote: As long as their wealth is taxed when they acquire it then I don't care if they never have any more income.
But actually most wealthy people have investments that are generating income.
You do understand the difference between income tax and capital gains tax, don't you?
I don't think Bill Gates cares what the income tax rate is. At all. Even if he were receiving a weekly paycheck. He wouldn't pay it. We would.
You think there's some magic wand somewhere that someone can wave and redistribute everything equally. There isn't, well...unless you consider full-blown communism. I'd like to think you're not that stupid.
