Next: This bolded area is absolutely wrong. The investors are not taxed again on this income. Each investment has its own basis. If sold for more than the investor paid, they pay a capital gain tax on the amount they sold for in excess of original basis. So I am not sure why you are accusing people of not knowing what they are talking about. Maybe you have been reading too much into a conservative blog? Either way, it is not stealing. I don't see taxes coming out of my paycheck and immediately think "oh noes, the thiefs got me."