Lake Erie Conservative

thoughtful discussion(s) about issue(s)

… People Need to Realize [#the Wealthy]…

Posted by paulfromwloh on Sunday,October 2nd,2016

.. in what form their income takes ..

.. most folks see as their income rises , their amount of savings and investments grow ..

.. for the wealthy , the great mass of their income comes from investments and savings . It does not come from earned income . So , increasing taxes on the ” wealthy ” will not gain the amount of taxes that any liberal thinks ..

.. also , if they try to go after capital gains taxes , it is a move that will backfire . Cap gains income is something that can be chosen to be taken . So when cap gain taxes are increased , the amount of taaxes declines …

.. [h//t — Newsmax.com]..
.. [link] to the blog post ..

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