View Single Post
Old 12-08-2010, 12:38 PM  
arock10
Confirmed User
 
arock10's Avatar
 
Join Date: Jan 2006
Posts: 6,218
Quote:
Originally Posted by 12clicks View Post
sucks for who?
all but the dumbest Americans have retirement accounts and investments. they benefit from the 15% cap gains rate.
once you're older, you'll have a better understanding of how it works.
you mean poor? Why should a guy running a hedge fund make $200mn and just be taxed at the 15% rate.

I have no problem with lowering some taxes, but they need to close the loopholes to actually reflect the real tax rate. Until then it needs to go up
__________________
Sup
arock10 is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote