tag:blogger.com,1999:blog-36634196.post210872796445269489..comments2023-10-09T11:33:37.853-05:00Comments on The IN VIVO Blog: While You Were at ADAChris Morrisonhttp://www.blogger.com/profile/04075266444951558159noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-36634196.post-3822475296206234882007-06-25T16:25:00.000-05:002007-06-25T16:25:00.000-05:00I am so sorry that taxes also have to be paid by p...I am so sorry that taxes also have to be paid by people earning money with other peoples money (OPM). Logically, capital gains tax should only apply to that PART of carry which was generated through putting up his own money (and risk). Only then the "taking risk therefore should get rewarded" argument brought forward really makes sense.<BR/>Every blue collar worker nowadays takes proportionally more risk in his life EVERYDAY when he shows up for work, i.e. spends a min of 8 hours with no assurance that his job and life is still there the next day (or maybe rationalized by the dear private equity investor taking out his employer).<BR/>CGT should apply to gains created through one owns capital, everything else is income. Just follow the logic...Anonymousnoreply@blogger.com