Quote:
Originally Posted by 12clicks
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.
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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