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re: tax deduction question

Posted on 4/13/24 at 6:36 am to
Posted by ks_nola
Bozeman
Member since Sep 2015
505 posts
Posted on 4/13/24 at 6:36 am to
Agreed there are fundamental differences but in today’s society the stock market is treated as a casino by many and many have lost. Do you honestly think people should have to pay more taxes if caught in the situation I presented? I gained nothing but now owe more because I participated in a “vice”. The government still got revenue from imy play just like they would with stocks.
Posted by Weagle25
THE Football State.
Member since Oct 2011
46244 posts
Posted on 4/13/24 at 11:49 am to
quote:

Agreed there are fundamental differences

Well then don’t act like they’re the same thing.

quote:

Do you honestly think people should have to pay more taxes if caught in the situation I presented?

I never argued for or against it.

But your argument was they were the same so you asked why they’re treated differently.

So I explained how they aren’t the same, Then you agreed. So that’s why they’re treated differently. Whether you agree with it or not.

The US tax system constantly encourages people to do what the govt wants and discourage people from doing what they don’t want you to do.

quote:

The government still got revenue from imy play just like they would with stocks.

The govt wouldnt get any revenue from your proposed system. That’s your whole argument….
This post was edited on 4/13/24 at 11:55 am
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