Replies to post #52600 on Biotech Values

[DewDiligence]

[OT] >I never understood why it is OK to have a high tax on "earned income" but not an equally high tax on "passive income" such as dividends and capital gains.<

I could probably give you a dozen reasons, but here are two obvious ones: i) Dividends eligible for the special tax rate have already been taxed once at the corporate level; ii) Long-term capital “gains” may be breakeven or even losses after adjusting for inflation.

I don’t want to go into more detail here it’s not germane to biotech investing. I’d be happy to continue the discussion on one of iHub’s politics boards.