At the end of the day who cares if some super rich are paying effectively a lower percentage rate. They still contribute far more than some will ever in their lifetime. And that is a shame.
The problem is with paper losses created by loopholes. Companies that go on for years with paper losses should go out of business, but they don't. And they don't pay taxes either. If they are making enough profit to stay in business they should be taxed on it. No it doesn't. Go get the numbers if you want to allege that. What are you trying to say? Risk is risk and income is income. A person can bury his cash in the back yard, he isn't forced to invest it by the government. If he does and makes a profit, it is taxable income. If he invests and has capital losses, he gets tax deductions. You didn't know that? Why do you imagine that real income should be ignored if it is capital gains rather than salary?
No they don't! If they contribute a lower percentage than you or I they have screwed you and I. Why are you kissing the asses of the super rich over the best interests of the middle class?
Imagine? I just believe. Unlike you, I don't believe that success should be punished. I also don't believe that gambling winnings should be taxed. See the below: Because we're Americans, Red. Not comrades. Those are not the bourgeoisie and we are not the proletariats. :dis:
