04-06-2012, 07:40 AM
(04-05-2012, 03:12 PM)Pantalaimon Wrote: To AngrieCommie's (Edit: whoops, Eppie's) original point, here in Canada we have an investment vehicle (they call it a "Tax-Free Savings Account" or TFSA) which allows for investment income to not be taxed at all. Granted, there is a limit to what you can contribute and withdraw from the TFSA, but in my experience it's been a fairly popular policy across most of the population, including myself. A lower tax rate on investment income, capped or progressive instead of flat, isn't necessarily a Rich-first policy. In my opinion it can provide significant benefit both at the individual and economy-wide levels.
I agree; investing (or basically saving) money should be a positive thing. It is much better than borrowing money right. SO I must say that I am in favour of non (or low) taxed investment opportunities.....up to a certain amount of course.....not to make it just something for the very rich.