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Money and Finances
Reply to ""Tax the Rich""
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[quote=Anonymous][quote=Anonymous][b]The wealthy need to pay more on investments - a wealth tax if you will.[/b] People who earn money through labor, of whatever kind, are taxed more than enough already. I'm also pretty certain that many people roll the social security/medicare cut of their check into what they think are income tax or "taxes". Despite them paying no income tax. [/quote] so let's say I own a million dollars worth of a stock, and have to pay some sort of wealth tax on it, but the next year, that same stock is worth a quarter of its value, do I get a refund?[/quote]
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