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   From: NOT-SURE@idiocracy.gov   
      
   On 6/10/21 3:14 PM, Rudy Canoza wrote:   
   > Suppose I took my life savings and bought 300,000 shares of Amazon on   
   > Aug 10, 2001 at $9.95 per share ($2,985,000 total).  I've sat on those   
   > shares for coming up on 20 years, neither selling any nor buying more.    
   > The stock is my only asset.  I'm still working and earning $120,000 per   
   > year, which is not rich in anyone's book.  My Amazon stock is now worth   
   > about $3,335 per share, for a total valuation of $1,000,500,000.  Why   
   > should I pay any tax on any of that asset price increase?  I shouldn't.    
   > If I sell some of the stock, I'll pay a capital gains tax, but as long   
   > as I continue to hold the shares, I should not pay any tax based on   
   > their price appreciation.   
      
      
   Suppose the Government quit taxing your income on labor (since trading   
   an hour of your life for dollars is an even trade and NO PROFIT was   
   created for the person selling their labor) and you could use that added   
   income to live and to invest?   
      
   Wouldn't that boost the NATIONAL GDP?   
      
   Taking less from the Private Sector would allow it to grow faster and   
   that growth will mean that over time, 16% of a stagnant *Socialist*   
   *GDP* is much less than 15% of a *Capitalist* *GDP* with a 7% growth rate.   
      
   The key to economic growth is lower taxes and economic growth is how we   
   measure the economy and NATIONAL PROSPERITY just as your income growth   
   is how we measure your prosperity.   
      
   Taxes and regulations spend other people's money, and that makes us all   
   poorer and have less economic growth.   
      
      
      
      
      
   --   
   That's karma   
      
      
   Censorship is a form of violence, using force to silence those you hate.   
      
   Censorship is HATE personified... Hate groups use censorship to help   
   force those they hate to be gagged and silenced.   
      
   Censorship becomes a hate crime when it's illegally forced on citizens.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)