Non Sequitur by Wiley Miller for June 22, 2012
June 21, 2012
June 23, 2012
Transcript:
Joe: OK, Bob... why is gambling illegal, but anyone can do high-risk speculating in the stock market? Joe: Aw! C'mon, Joe... Bob: ... those are two completely different things. Joe: How so? Bob: I'll get back to you on that... Joe: Take your time.
It’s because they can’t easily tax your winnings when you gamble (unless you’re in a casino or play the lottery), but will tax the hell out of your capital gains in the market.
Remember: The government must get “their” cut through taxation — whenever money changes hands, either coming or going.
Now you know why the “Taxed Enough Already” (TEA) party has grown its membership. The wage-earners in America have had it with taxation.