#05 Common Sense Capital Gain Taxation

Apercu #05 Common Sense Capital Gain Taxation
    • To expand liberty and so stimulate the economy, each tax rate placed on the proceeds of a long term gain from financial investments, or from a “non inventory,” or capital asset sale: aka the source of economic growth: aka jobs and individual liberties, must be reset to zero.
    • Therefore, Governmental Acts causing inflation and tax mayhem, so not in Pursuance of the Constitution & the Constitutional duty to provide for the general Welfare & to properly coin Money and adequately regulate the Value thereof, must be made null and void.

 Friedrich Nietzsche -1844 -1900  German philologist, philosopher, cultural critic, poet and composer.
The individual has always had to struggle to keep from being overwhelmed by the tribe. If you try it, you will be lonely often, and sometimes frightened. But no price is too high to pay for the privilege of owning yourself”.

      Governance has transcendent the Constitution to enhance the struggle for individuals and entrepreneurs.
     Individuals sell their time or invest time to create products for sale to others.     A product needs a price, a place for sale, and to be promoted  in order to tell others of its availability.
    • Thereof, a private economy becomes created and needs be free of governance.
    Economics 101                                       

    • “Capital must be available and constantly raised for investment in plant & equipment, and so kept intact and grown to repeat the expansion process”.
   • Family and free societies stand guard and governance is limited by a constitution to but hold the walls of liberty against external aggression.
    • The cost of money is naturally interest expense, unnaturally inflation & taxation.
   • Capital Assets produce income, decreases in currency evaluations merely justify taxing plans.
   • More monetary units for the same item, reflects a fictional gain, aka: a deliberate reevaluation via inflation.
   • Replacement costs can’t properly represent depreciated costs after original value has been diminished by currency manipulation.
   • Thus, that confiscation of wealth via governmental Inflation schemes is known. 

  Ludwig von Mises AD 1881-1972, Economist
   “As the prosperity of the nation and the height of wage rates depend on a continual increase in the capital invested in its plants, mines and farms, it is one of the foremost tasks of good government to remove all obstacles that hinder the accumulation and investment of new capital”.  

  John Fitzgerald Kennedy, 35th United States President
    “The taxes on capital gains directly affects investment decisions, the mobility and flow of risk capital… the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth in the economy”

     • For consistency, Gains from stock option transactions must be treated as salary, and not as a long term gain from financial investments, for that purpose.       That to be on the tax Form 1040-Schedule E.
     • Short term capital gains and capital loses must be treated as “enterprise and free market” income on the tax Form 1040-Schedule C.    

 Apercu #05  Copyright  ©  2010  by jimlewisruns
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