Somebody help me understand why capital gains tax is beneficial to us. Please I want to know

Neither should be taxed at all.

Have to cut out half the government to make that happen. Until then capital gains should be increased so that income tax can be less.

>sitting on my ass collecting rent checks
You understand that being a landlord isn't that simple right? You have to deal with niggers vandalizing your property, delinquent rent, routine maintenance, property taxes, potential lawsuits if some drunk retard falls and hurts themself on your property. If you think the government can do a better job at providing housing then I implore you to look at the state of housing projects across America. Just kys commie

In the UK if you have a not shit job it is 30%.
Even if you retire when nulink hits $100 and try to cash out you have to pay 20%.
Because you dumb fuck it involves taking a high degree of risk. Just because the average Joe is stupid enough to piss it up the wall or spend it on garbage, doesn't mean they should be allowed to deprive entrepreneurial anons of their gains.

Gtfo with tax the rich more mentality.
Neither should be taxed. We all have a common enemy which is the govt. We should be working together to starve the beast.

As capital becomes more costly, the worth of workers drops. Real wages have a direct, demonstrable relationship to capital.

How much money do you have anyway? I'll bet you're poor.

It doesnt get any easier. Sorry user, the red pill is tough to swallow. I mean, you should be happy you're getting taxed at long term rates and not short term lol. They will fuck you anyway they can and they eventually will get your money.

There has to be some argument in favor of this shit. All the arguments I have seen are based on things that "should" be, or moral arguments, but nothing with tangible evidence, and nothing that speaks to the actual mechanics of the system.

If there is no good argument, then the only other worthwhile question is who can I blame for this.

>what is a property manager

You literally just collect a check every month. It should be taxed at least as much as a construction worker busting his ass every day to build actual shit.

Doesn't matter if you call them "entrepreneurs," why should they be put in a special, preferential tax class just because they inherited money? They should pay the same tax as everyone else. If anything the government should tax actual productive work less to encourage people to actually be productive and not look for ways to game the system and make money doing nothing, and then get a tax break on top of it.

We're not talking about overall tax, we are talking about capital gains tax in proportion to income tax.

No I am saying those driven anons like oatmeal brah who squirrel away their savings and invest in volatile assets should not be penalized if they make a profit.

>If anything the government should tax actual productive work less to encourage people to actually be productive

People are forced to invest because inflation and taxation destroys wealth

The government can do what they like because you are cattle being farmed

They tax every single event in your life. Where have you been? They've been doing it to you your entire life. You never heard the saying "The only thing guaranteed is death & taxes"? They will continue to do this to you until you are dead. If you're so upset by it, hire an accountant that knows taxes and use him to work the system in your favor but keep in mind this is only lowering what you will HAVE to pay.

Entrepreneurship moves the economy. Tax it too much and you deter people from making businesses, creating new jobs and producing anything of value. Seriously, read a book on Economics and policy-making.

Taxes are never beneficial in the long run

>capital gains tax
Lel. In leaf land we just add half of our capital gains to our income and the other half is left untaxed.

nigga how I'z gon raise mah keedz witout no goverment assistance. yo privileged whyte ass got lucky investin in shit while ppl in da real world be strugglin. be humble whyte boi.

I haven't paid taxes in 10 years. IRS sent an audit notice to my PO box so I mailed them some dog turds and changed to a new PO box.

Needless to say I am self employed and do a mostly cash business, but lol. That was 3 years ago. Haven't heard from them since.

Gibs for niggers and dronestrikes for sandniggers? What a waste if fucking money. Maybe I'd shell out if us govt was setting up a colony in mars and actively deporting niggers to africa where they belong. That will never happen though. My credit score is in the 400s lmao.

property managers can steal from you, plus they don't care about your properties as much as you do. They'll put shit quality tenants inside just for a quick profit
Most sucessful landlord either self manage or start their own property management companies so they don't get scammed

fucken based

Why should someone working and actually producing things be "penalized" more than someone gambling on volatile investments?

I'm not talking about entrepreneurship, I'm talking about capital gains. Taxing capital gains doesn't discourage investment. If you make 20%/year on stocks, are you going to hold cash and make a negative return just because you would have had to pay taxes? That's retarded logic.

>People are forced to invest because inflation and taxation destroys wealth

In a fiat monetary system taxation is just a way to control the money supple. With fixed government spending and monetary policy more taxation = less inflation. Less taxation = more inflation. Its the way different activities are taxed relative to others is how the government can encourage / discourage different activities. Productive activities that are beneficial to society should be encouraged with low taxes. Activities that do absolute nothing of value like gambling or rent seeking should be discouraged and taxed.

Can you explain why squatting on some capital asset to extract rental income should be taxed less than people who are actually working to produce things of value?

Yeah, property managers are actually doing work, providing services, and they are taxed more than the landlord who just sits on his ass and collects a check. Why do you defend that?

>Somebody help me understand why capital gains tax is beneficial to us

it's great because it allows the super-rich to get away with paying 15% on their income while the average schmuck is paying 40%

Define the jobs that are "actually working" and the jobs that will be taxed your 110% capital gains tax.

Then, state the person (not the office) in the government who will be the one making the decision that you just fleshed out. You may attach a pic of said person if you do not wish to describe who it is.

You know what to do OP.

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cato.org/publications/policy-analysis/abcs-capital-gains-tax

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J

What the heck is J???

Taxing investments is double taxation. Someone worked a physical job to save money, paid taxes on it, then invested the net. It shouldn't be taxed trying to withdraw money you saved/made. Same with poker, and gambling in general...it's bullshit that the usgay takes the giant cuts they do, repeatedly. Income tax, then rake (which is later taxed), then 25% if you're actually good. For a fucking card game between private citizens.

E

I have no idea what E means, I'm just asking who I can be angry at for all this... this shit world! This economy is literally a huge trap! A ponzi scheme!

Whoever thought all this shit up DESERVES punishment.

Depends on where you live. In nordic countries you get free education, healthcare etc. Maybe in the US you get more guns for the army or something, idk

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W

aren't dividends in the UK tax free? So if you do buy&hold you never have to pay taxes

Wait a second, are you trying to tell me people of Jewish faith are responsible for taking my hard earned money in deceitful ways for the benefit of their race? user you have no proof of that, this is crazy talk.

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>money to provide immigrants with housing/food/shelter
>free clinics so stacy can get free birth control+abortions
>money to drone strike other countries
>money for Israel
>welfare + foodstamps so laquisha doesn't break into your house and kill/rob you
>money for tax breaks for the wealthy

And of course lets not forget the politicians who dedicate their lives to serving you. And the numerous potholes that never seem to be filled on the road because they don't have enough money(they spent it on lavish dinners and child prostitutes).
You arent selfish right?
How can you ignore those many benefits?

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we get holocaust class and pay for birthright trips to israel for any non-goyim living among us

That's impossible! Jewish people are still trying to recover from the holocaust™ and despite having larger numbers leaving Europe as "refugees" at the end of the war than the census numbers from the beginning...it is still a struggle to this day, so donate more to Israel go-err guy!

How about this equation

instead of paying taxes buy a gun
the cost of 1 gun nut to tax payers is millions of dollars
we're looking at a 25x return in if we wanted to stop paying taxes
guns put us at +EV against the government but we never cash in on this prop

if we don't cash in on our only +EV we get drowned by niggers and spic
white's birth rate is like 30% now maybe less in formerly white countries
The central banks have used flow of money to change the face of america
They discriminate against white men to the point we don't have our country anymore it is gone
we don't have the jobs, we don't have the birthrates, our currency is fucked, our economy is fucked, degeneracy and filth everywhere
at what point is it worth standing for something

Stop being greedy. You need to pay your fair share.

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You dont get taxed twice.

Let's say you earned 13k, maybe after normal salary taxes it's down to 10k. You put in stock market, and pull it out a few years later at 15k. You're only taxed on the 5k gain. You're not taxed again on the original 10k.

It would be weird if you didnt get taxed.

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Lol

Bump, it's actually a good point. There's your explanation OP.

Because capital gains takes risk, is not a guaranteed source of income and provides liquidity to companies to improve their cap-ex and op-ex which would imply that people would pay a lower tax rate than some joe sitting in an office getting a consistent paycheck.

Socialists like you need to take a helicopter ride and learn you're not entitled to other peoples efforts and are insignificant.

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But he's right, why wouldnt you get taxed on all your income fairly? Both what you got from your job as well as what you got when you cashed your stocks? It's all income.

Because it's not income. Do you get taxed the same on inheritance of an estate?

>only 15%
what a capitalist country you live in, here in finland its over 40%

Welfare is the largest portion of government spending. I think we could stop throwing free money at nigs, corporations, and 3rd world dictators.

Inheritance should be taxed the same as income.

>Welfare is the largest portion of government spending
Social security is actually, which is a type of welfare mostly used by old white people. I hate black degenerates just as much as the next guy, but you're a fucking retard.

It's already been taxed and an individual should have the right to pass down their assets to their kids or who ever without being ass raped in taxes. Seriously why are you so adamant on using government coercion and force to take other peoples stuff when you know damn well you'll get a penny of it? It's pure jealousy isn't it...

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you mean military?