Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

renie408

(9,854 posts)

3. I don't know.

Reply to WCGreen (Original post)

Wed Dec 19, 2012, 07:33 PM

Dec 2012

I have had it explained to me a million times and I still don't understand it. I have had it explained to me that the government wants to encourage investment in businesses through stocks, so taxes those gains at a lower rate. I have had it explained to me that dividends and interest are considered unearned income, and the IRS taxes unearned income either not at all or differently.

I don't understand it at all.

Edit history

Please sign in to view edit histories.

6 replies

= new reply since forum marked as read

Highlight:

Why are your earned wage taxed more than those, like Romney, who invest for a living. [View all] WCGreen Dec 2012 OP

Because actual physical work is lowly. If you do it, it's a sign that Gawd does not favor you. kestrel91316 Dec 2012 #1

Because they own the politicians who make the rules Fumesucker Dec 2012 #2

I don't know. renie408 Dec 2012 #3

That's one of those "emperor has no clothes" observations. Jim Warren Dec 2012 #4

true dicksonm Dec 2012 #5

It just makes me sick, the way things are set up. CaliforniaPeggy Dec 2012 #6