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<p>[QUOTE=&quot;medoraman, post: 1576375, member: 26302&quot;]Preaching to the choir brother. I am in a profession that benefits by the complexity and still hates it. I believe an income tax should be submitted on a postcard. That is the level of complexity that should be allowed.</p><p><br /></p><p>My problem with capital gains taxes is that they are really taxing inflation. Buy something that is a proxy for inflation, like gold. If you bought it at $100 an ounce in the 70&#039;s, sell it today for $1700 an ounce, you have not really gained any purchaing power. You kept purchasing power effectively. Yet, the government says you owe tax on $1600 &quot;gain&quot;. Unless they index your purchasing price to an inflation table, and adjust your basis for inflation, all they are doing is taxing a person on inflation, inflation that they themselves create. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" /></p><p><br /></p><p>Ok, end of &quot;why politicians suck&quot; rant.[/QUOTE]</p><p><br /></p>

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