@ISIDEWITHQuestionseconomyStarted 9yrs agoActive 1hr ago

Should the government increase the tax rate on profits earned from the sale of stocks, bonds, and real estate?

Capital gains are the profits earned from the the sale of stocks, bonds and properties. Investment managers pay a 15 to 20 percent capital gains tax on profits earned from their customers’ holdings. Supporters of the increase argue that capital gains should be taxed like any other income and should be raised to at least 31.5% (the average U.S. tax rate). Opponents of an increase argue that taxing capital gains will discourage investments in the U.S. economy and prohibit growth.

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Answer Overview

Response rates from 257 Pete Buttigieg voters.

56%
Yes
44%
No
42%
Yes
38%
No
7%
Yes, on stocks and bonds but not real estate
4%
No, increasing the capital gains tax will limit investment in our economy
4%
Yes, and all income should be taxed at the same rate
2%
No, and abolish capital gains taxes
4%
Yes, and increase to the average U.S. tax rate (31.5%)

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Trend of support over time for each answer from 257 Pete Buttigieg voters.

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Trend of how important this issue is for 257 Pete Buttigieg voters.

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Other Popular Answers

Unique answers from Pete Buttigieg voters whose views went beyond the provided options.

 @8JCJLWV from Texas  answered…4yrs4Y

Consumption and use taxes are preferred to taxes on productive capital/savings.

 @9SGS2K2 from Kansas  answered…6mos6MO

Yes, but only after a certain amount such as $1 million. Middle class Americans who's savings are tired up in stocks via 401(k)s should have not their retirement taxed to oblivion but the ultra wealthy should pay a high capital gains tax.

  @mechanicalloser from Texas  answered…11mos11MO

We should ensure fairness, support the needs of the "least of these," and encourage the wealthy to use their resources in ways that benefit the wider community. This could involve a nuanced perspective that acknowledges the importance of supporting both the vulnerable in society and the health of the economy as a whole, perhaps suggesting that those with more resources have a greater responsibility to contribute to the welfare of all.

 @93FQRFK from Texas  answered…3yrs3Y

No and lower them and lower taxes on stock earnings

 @9B7J95Gfrom Pennsylvania  answered…2yrs2Y

Yes, but only stocks and real estate

 @935M6NN from New Hampshire  answered…3yrs3Y

Yes, and abolish the stock market.

 @9FGHJGD from Texas  answered…1yr1Y

i do not understand this question

 @9D3RPBQfrom Guam  answered…2yrs2Y

All capital gains should be taxed

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 @ISIDEWITH submitted…2mos2MO

Defense Bill Blocks Transgender Care To Minors

The Senate on Wednesday gave final approval to a defense policy bill directing $895 billion toward the Pentagon and other military activities, moving over the objections of some Democrats who opposed a provision added late in the negotiations that would deny coverage for transgender health procedures for minors.The 85-to-14 vote, coming a week after a divided House passed the same measure, cleared the bill for President Biden’s signature.Most Republicans and many Democrats supported the measure, which provides a 14.5 percent pay raise to junior enlisted service members and a 4.5 percent pay raise for all other service members. It also expands access to meal assistance, housing and child care programs that benefit those in uniform.But several Democrats withheld their backing in protest of a provision preventing TRICARE, the military’s health care plan for service members, from covering “medical interventions for the treatment of gender dysphoria that could result in sterilization” for children under 18.The language, which would affect the gender-transitioning children of service members, was recently added to the measure at the insistence of Speaker Mike Johnson, Republican of Louisiana, who refused to bring a defense bill to the House floor without it, according to aides familiar with the negotiations.Twenty-one Democrats, led by Senator Tammy Baldwin of Wisconsin, proposed an amendment to strip the provision from the bill, but the matter was never brought to a vote. Several of them took to the floor on Tuesday to lodge their objections.“It’s flat-out wrong to put this provision in this bill and take away a service member’s freedom to make that decision for their families,” Ms. Baldwin said, estimating that the provision could negatively affect as many as 6,000 to 7,000 military families.

▲  2017 replies4 agree1 disagree