re: #385 kirkspencer
bias against capital gains income? It’s taxed for less than any other income, I’d say the bias runs the other way.
Personally, I think capital gains should be taxed in the same way as other income. It already gets the “break” of getting to count ALL expenses in obtaining the gains. All other incomes have restrictions on types and quantities of expenses that can be counted.
Tax prep expenses and medical expenses are only counted after a certain threshold. There are FSA’s, but believe me those are a pain.