To: President Donald Trump, The United States House of Representatives, and The United States Senate
Elimination of Capitol Gains Tax
As the segment of society that benefits from using Capitol Gains Tax to reduce their tax indebtedness is not of the typical wage earner class, it seems only equitable that the money derived from stock dividends, real estate appreciation, maturing bonds, and all revenues derived from such endeavors ought to be taxed at the NORMAL earned income rate, not some super beneficial discounted rate. Keep in mind that this money is not earned by doing anything but creating self wealth. By signing this petition, you'd be standing up for the wealth class being charged a more equitable tax amount, and help with our red ink national budget.
Why is this important?
As the segment of society that uses Capitol Gains Tax to reduce their tax indebtedness is not of the typical wage earner class, it seems only equitable that the money derived from stock dividends, real estate appreciation, maturing bonds, and all revenues derived from such endeavors ought to be taxed at the NORMAL rate, not some super beneficial discounted rate.