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The Water Cooler
General Discussion
The Buffett Rule, 6/100ths of one percent.
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<blockquote data-quote="HMFIC" data-source="post: 1752507" data-attributes="member: 7539"><p>I dread even commenting on the "Buffett Rule" here. There have been far too many that think it's perfectly ok to tax long term capital gains at the same rate as employment income. The worst part is, they don't even know they're buying into the political gain and falling for exactly what the socialist minded people would have us believe. Before someone comments that we should all be taxed at the same rate for different things (some of which have ALREADY been taxed AT LEAST ONCE already), perhaps they should throw any of their exempted or deferred retirement income into the pool while they're at it to be 'fair'. </p><p></p><p>Buffett rule indeed. Hogwash.</p><p></p><p>Want everything to be fair and equal? Start with making the lower 47% pay ANY income taxes at all and then we can discuss the finer points of Capitalist economies.</p></blockquote><p></p>
[QUOTE="HMFIC, post: 1752507, member: 7539"] I dread even commenting on the "Buffett Rule" here. There have been far too many that think it's perfectly ok to tax long term capital gains at the same rate as employment income. The worst part is, they don't even know they're buying into the political gain and falling for exactly what the socialist minded people would have us believe. Before someone comments that we should all be taxed at the same rate for different things (some of which have ALREADY been taxed AT LEAST ONCE already), perhaps they should throw any of their exempted or deferred retirement income into the pool while they're at it to be 'fair'. Buffett rule indeed. Hogwash. Want everything to be fair and equal? Start with making the lower 47% pay ANY income taxes at all and then we can discuss the finer points of Capitalist economies. [/QUOTE]
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