Zerubbabel Wrote:
Dec 02, 2012 1:11 PM
ALL capital, Income and dividends et al, is taxed continuously. Everywhere a financial transaction is made some state agency joins in for a cut. Buffet is right that "uncertainty" prevents investment. But should we embrace a socialist certainty then those with capital will invest to create favorable position in the new reality - plain and simple. Meritocracy is a myth. Any example brought forward to prove it would be an anomaly and NOT the norm.