Meet The Candidates: 2012 GOP Thread

[Beemnseven]

Originally Posted by dmek25

Reagan--No Loopholes For Millionaires - YouTube

really didnt know where to put this, but found it very interesting

Warren Buffet pays the capital gains tax, while his secretary pays federal income taxes. They are two completely different things.

Now, if you are saying that the capital gains tax rate should be the same rate as the top level income tax rate, fine. But if you think your 401k didn't take enough of a hit over the last few years, don't worry. Jacking the capital gains rate up will clean out whatever you have left.

Call me crazy, but I'd rather not have Congress find a way to make it less profitable to invest.

[budw38]

Originally Posted by Beemnseven

Warren Buffet pays the capital gains tax, while his secretary pays federal income taxes. They are two completely different things.

Now, if you are saying that the capital gains tax rate should be the same rate as the top level income tax rate, fine. But if you think your 401k didn't take enough of a hit over the last few years, don't worry. Jacking the capital gains rate up will clean out whatever you have left.

Call me crazy, but I'd rather not have Congress find a way to make it less profitable to invest.

Exactly .... well written JB&7 .

[firstdown]

Originally Posted by Beemnseven

Warren Buffet pays the capital gains tax, while his secretary pays federal income taxes. They are two completely different things.

Now, if you are saying that the capital gains tax rate should be the same rate as the top level income tax rate, fine. But if you think your 401k didn't take enough of a hit over the last few years, don't worry. Jacking the capital gains rate up will clean out whatever you have left.

Call me crazy, but I'd rather not have Congress find a way to make it less profitable to invest.

Everyone missed the story. The cheap ass makes buckets of money. Sorry dumpsters of money and he pays his personal secretary only $60000 per year. What a tight a$$ and no wonder he feels guilty.