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bbhannah 26Nov2007 09:36

inherently distributes wealth
 
It is considered that entrepreneurship inherently distributes wealth among the citizens of a particular society. I believe in a flat taxation of income. Why shouldn't investment gains be taxed at the same rate as an individual's income? So friends, can you argue with me why the taxes are differing between an investment gains tax and the individual tax? Would it not discourage someone to invest?

shabbir 26Nov2007 17:26

Re: inherently distributes wealth
 
It depends on the country you are in because here in India the investment tax gain is less than then individual and so here people do more investment and the people are encouraged by some tax free investments as well.

elec.shabnam 26Feb2008 19:33

Re: inherently distributes wealth
 
undefinedi m from elec branch,is this opening for me


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