Text 3258, 58 rader
Skriven 2006-07-04 12:47:00 av Robert E Starr JR (3731.babylon5)
Ärende: Re: Atheists: America's m
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* * * This message was from Josh Hill to rec.arts.sf.tv.babylon5.m * * *
         * * * and has been forwarded to you by Lord Time * * *         
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@MSGID: <ktjja2hq3bek0gp2erohfnu2tjkil5t8ss@4ax.com>
@REPLY: <kurtullman-54586A.23282630062006@news.west.earthlink.net>
On Sun, 2 Jul 2006 20:32:16 -0500, "Carl" <cengman7@hotmail.com>
wrote:

>
>"Josh Hill" <usereplyto@gmail.com> wrote in message 
>news:nirga2tp1p6kdmlte99skc72948qcg1ea8@4ax.com...
>> On Sun, 2 Jul 2006 19:34:51 -0500, "Dennis \(Icarus\)"
>> <ala_dir_diver@yahoo.com> wrote:
>>
>>>
>>>> They do: no one is suggesting confiscatory taxation. And I don't see
>>>> how a comparison to the average person is valid here: the average
>>>> person gets taxed on the money he earns. Why should a rich heir not
>>>> get taxed on the money he gets but did nothing to earn? Apart from
>>>> clipping coupons, that is. I don't see even a hint of fairness here.
>>>
>>>Because gains in stock do not happen until they're sold.
>>>The gains in bonds do not happen until they're redeemed.
>>>Money in banks accrue interest, which is taxed.
>>>Dividends gained through stocks are taxed.
>>
>> Which is another problem: the working stiff pays money on what he
>> earns, while the rich guy has no liability until he cashes in. There
>> are economic arguments for that, but I don't think they're in play
>> right now.
>
>There aren't any profits or losses until he cashes in.  It's all theoretical 
>until then.

>You want to tax a theoretical value?

Why not? Withholding, for example, is theoretical, in that it's based
on an assumption regarding one's income. And so are the property taxes
levied on your house, which are based on its assessed value (and not
infrequently aren't all that closely based on that).

-- 
Josh

"I love it when I'm around the country club, and I hear people talking about
the debilitating
effects of a welfare society. At the same time, they leave their kids a
lifetime and beyond
of food stamps. Instead of having a welfare officer, they have a trust officer.
And instead
of food stamps, they have stocks and bonds."

- Warren Buffett
                                                                               
    
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