Tell Us Your Views on Capital Gains Taxes


Consumers Oppose Capital Gains Tax Increases

According a nationwide household survey conducted by the American Consumer Institute, 60.1% of Americans said they oppose increases in the capital gains tax and only 25.7% voiced support such an increase. Opposition to a capital gains tax increase was widespread and across many demographic groups – most notably consumers living in the southern region of the U.S., blacks, those under 25 and those over 65 years of age, Republicans and those earning between $75,000 and $100,000 per year.

The national survey of 1,000 heads-of-households was conducted over the period of December 4th to 7th and is part of the Institute’s 2009 Consumer Pulse Survey. These survey results have an accuracy of plus or minus 3%.

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There should be no taxes on capital gains created within the borders of the United States.

Capital gains are a way for the govt. to cheat. We had to pay taxes to get the gains, now we have to pay them when we pass them down or additional profit. What did the IRS do b4 the 20’s?

CapGains absolutely suck! I find it unexceptable for our cheating governments stickey greasy fingers to be in our pockets at every fork in the road. They take my tax dollar at my property closing and go out and buy $1500 hammer that goes in a government closet unused or worse ends up in some government persons house…oh wait I forgot if its over $500 it has to be tagged and accounted for so lets change the price of tha hammer to $499.95 just to keep it off the books.

Capitol gains taxes are a disencentive to make money, therefore are a drag on economic recovery.