Kerry M. Kerstetter, CPA (referred to as The Tax Guru by other CPAs around the country) helps capitalists, investors & small business owners win the tax game. See www.TaxGuru.org for much more detailed info.
Please note that Kerry does not personally agree with every item included here; but passes them along for the benefit of the readers' understanding of the varied viewpoints on the issues being discussed.
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Tax Guru-Ker$tetter Letter
Thursday, September 05, 2002
Zero Capital Gains Taxes?
Bruce Bartlett does another very fine job explaining why in a true capitalist society, there would be no capital gains taxes. That is in essence taxing the tree, when the proper item to tax should be the fruit.
He also acknowledges that there is almost no chance of having capital gains taxes removed in this country because the left has done such an effective job defining capital gains as something that only evil rich people receive. As we are told constantly by our moral superiors, it is unthinkable to ever grant a tax break to evil rich people.
KMK
- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 9/05/2002 04:56:00 PM Send this post:
