ST Alpha - "I'm in the minority probably, but for passive gains like this I think the taxes could/should be higher." (Reading a Post)

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In response to "The lump payout at this point is 462mil -- after fed taxes --- 346mil." by Will Hunting

I'm in the minority probably, but for passive gains like this I think the taxes could/should be higher.

Posted by ty97 Mar 30 '12, 09:21

But that's my general approach: lower taxes on actual production in the economy (note: that doesn't necessarily mean speculative investing, it means actual work.) Raise it on passive gains.

Responses:

pinko commie bastard -- nm - CQ: Mega Disaster Mar 30, 09:27
I agree, just.....AFTER we win. -- nm - CrankYanker Mar 30, 09:27 1
- Fine. *cancel afternoon train to DC* -- nm - ty97 Mar 30, 09:29
[deleted]
I will cut our your tongue and feed it to you. -- nm - David Mar 30, 09:26 1
- [deleted]
Your meaning of passive doesnt match irs. Just saying. -- nm - tRu Pad Mar 30, 09:26 5
- [deleted] 3
  - I dont believe that the irs considers lottery winnings as part of passive income, - tRu Pad Mar 30, 09:32 2
    - [deleted] 1
      - Im pretty sure i have an irs definition of passive income. But its a moot point. -- nm - tRu Pad Mar 30, 09:38
- Understood. These are my own definitions, I guess -- nm - ty97 Mar 30, 09:28
[deleted]
friggin' Socialist ^^^. -- nm - Lotto Winning Mel Profit Mar 30, 09:24
Shut your mouth. -- nm - con_carne Mar 30, 09:23
This. -- nm - TWuG Mar 30, 09:22

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I'm in the minority probably, but for passive gains like this I think the taxes could/should be higher.

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