Hi I am a member of the Lost Generation. I will never afford to get married and I will never afford my own house, Hi I shouldn't say "never." All us lost generation kids get our baby boomer parents' homes when they pass away.
Get off your ass. Move. Go where the jobs are! Study another language and emigrate you lazy bum. They are good opportunities in Panama, Uruguay, Argentina, Brazil, just to name a few places where you could get a job. Jobs in North Dakota too, and you could learn the language there rather quickly.
as someone who had several businesses in my working years capital gains taxes have nothing to do with entrepreneurship. that is a right wing meme blowing smoke up your ass.
unless I'm missing something, the capital gains tax is already zero for investing in a new business. If ordinary taxes are too high it might discourage investing in a new business because the after tax return will be too low.
Fyi for the two above: http://thehill.com/blogs/congress-b...ital-gains-taxes-affect-new-business-startups
thats nonsense. no small business owner ever said. i have a great idea for a business but i decided not to do it because capital gains taxes are too high. besides. if you run a business your capital assets/equiptment depreciates. the only capital asset in business that cant be depreciated is land. business has the ability to depreciate or write off capital assets that actually appreciate.
you are right. Although I won't pay any cap gains taxes when I invest in or start up a new business. Some businesses never pay cap gains tax in the course of their regular business. Kind of hard to defend high cap gains when you only pay it when you sell a business. But you are right. I wasn't thinking about businesses that routinely have cap gains.