Help me out here. Why are capital gains from investments like the stock market taxed as such a lower rate than salaries?

like
Posting as :
works at
You are currently posting as works at

The people making the rules have a lot of capital gains?

likeupliftingsmarthelpful

Basically what Dir1 said. There are plenty of rationalizations, but really it’s so the wealthy can pay less tax.

like

The folks making up like 95% of the top 1% leverage/lobby against it being higher?

Would you prefer the raise them? The rich will still be rich but the middle class would just be taxed more. Or are you naive enough to think they’d lower income taxes to equalize it.

If you think the “middle class” has capital gains to worry about a raise in the tax, you seriously need to take a deeper look at income and saving levels in this country.

Much of the middle class is lucky if they have a savings account and a 401k.

like

Because you are also taking risk in equities and contributing to the economy. If it is taxed as cap gains, people may not contribute.

In an overvalued market that relies on central banking to prop it up that argument is simply bullshit though.

Inflation. I can have a long-term capital gain that could have a negative real return. A lower tax schedule is easier than calculating the basis of every investment.

Inflation erodes your gains. You are taxed on gains, but they are not adjusted for inflation. If inflation outpaces your rate of return you’re paying taxes on a loss.

like

Related Posts

How do I get out of beauty and go in to different industry? My portfolio’s beauty only (bit of art direction + digital design) I would like to go to Tech but for more campaign relevant work. How can I prep my portfolio?

like

Guess I’ll be voting for Biden now

Post Photo
likefunny

Recently found out my wife is pregnant. I have not had her on my insurance but am now thinking it might be better to have her on mine. Can I put her on my insurance at any time during the pregnancy?

like

Hi Fishes

My compa ratio is 0.798 current band 6A. How much hike should i expect in april? Current ctc 4.89 lpa

P.S i joined ibm in oct 2021

Boston BioTech

I'm in the final round of interviews for two internal positions - both vertical. One has FTE's (my first such experience) and the other a much broader scope vs my current role

I had interviewed externally for a role on par w the internal roles, at a smaller and less established company. They confirmed +20% was in their range

How do I push back on my company if they offer less than that, if I do want one of those roles? Without a pay scale, what is the best way to approach?

like

Hi everyone,

I am joining
Walmart in August. Anyone else joining in August? Please DM.

like

What do you listen to while working? Best music or playlists that I can listen to while working?

like

Happy Labor Day - who’s working today? How was it? I’m working the evening at the dispensary. It was somewhat busy from 2-4, since 5 it’s been DEAD. 2 more hours to go, and I forgot my Kindle…

like

Can anyone recommend a cream or gel that they use to fade surgical scars? I have an old surgical scar that isn’t fading (I have pale skin so scars are really noticeable and don’t go away easily) so I was looking to find something to maybe help a little. I was thinking of trying Bio-Oil but I wasn’t sure if that was any good on surgical scars - seems better for acne or stretch marks.

likehelpful

I’m bored as shit with my job right now. At a big creative agency. Thinking about a move to a tech company. Any thoughts?

like

Folks in Bay Area... do you own a home here and if so what neighborhood is the best in terms of school district? I live in mtv and the home prices are scary to say the least. (2bed min)

Hi all, has anyone worked at EY divestiture advisory group ? If yes, how was your experience like and is it different from deals advisory ?

like

SPG - Marriott merger. I see points from stays only up to 31st July. Anyone else face that issue?

like

Hi fishes,
Please help me with Natwest relocation thing. I tried to understand through offer letter but it’s not clear to me. How can I claim Goods transfer, and if I am staying at my friend’s place, how can I claim accommodation allowance. Thanks a lot

What agencies have you felt most respected by the creative teams? (Ideally in NYC)

Hello, I am a new grad with a doctorate in OT. I just got an offer for a job working at a private school. The offer is 58K with benefits. 15 days PTO. Do you guys think I can negotiate the salary to 70K, which based on my research is the average pay for my level of experience and education? Or is that too much to ask?

like
like

I received a job offer and I gave them a range and they offered 10k less than my low end plus a 5k sign on bonus. I really wanted my high end of the range but was uncomfortable with asking and caught off guard. The job title is manager, customer success. It is a small startup under 20 employees. Any suggestions on how to negotiate? They also offered ESO….

like

Please help me unlock DM

like

LinkedIn Pro - is it worth it? What would be the key benefits and features you get out of it? Your thoughts please 🎤

like

Additional Posts in Politics

Biden already twisted his ankle.

Geez, Kamala couldn’t you wait a little longer?

funnylike

Martha McSally, the Republican Senator from Arizona, asked her constituents to fast for 1 meal, in order to donate to her campaign wtf

likefunny

Her economic anxiety is off the charts

Post Photo
likefunnysmart

Trump says that they had no negative effect during his rallies. Biden should have brought up Herman Cain DYING.

like

How does NATO manage to bring equipment into Ukraine without getting shot down or bombarded by Russian air force over/in Ukraine? Do they avoid shooting down cargo planes/convoys to avoid all out war? Wondering what the risk is of any bigger conflict.. 😬

like

As an Indian citizen, I am genuinely curious about the intellectual argument behind such a statement. Can someone explain ? Posting here since the person seems to be an Indian American and happens to be an ex-Deloitte employee

Post Photo
like

Now do the military next

Post Photo
like

So I thought Dems were the violent protestors 🙄

like

Let’s go Brandon!

Post Photo
likefunnyuplifting

Whatever happens tomorrow, trump has showed the rest of the world some harsh realities about America.. I hope the country can rebuild itself

like

From what’s left to count in these states, mostly mail in. Biden takes MI, WI and maybe Georgia. Pennsylvania has about 2 m votes to count with a lot probably going to Biden but with an already 700k deficit. PA may go to Trump.

like

From the school of bad takes:

Post Photo
like

Why is every single post from the past day taken down? I didn't think any were that bad that the moderator would remove them.

like

Thoroughly enjoy AOC’s Twitter presence

Post Photo
likefunnyhelpful

God Save the King

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal