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just elction year votes with Reid.Funy he always is preaching about not allowing any votes that are not goig to pass as just uselesss and waster the senates time.After the healthcare bill I don;t thnik what the american people supposedly want is a democratic issue any more.
Except it does raise some revenue and has the support of over 65% of Americans. But, that is irrelevant, huh?
really? you do realize that very few making $1 million or more per year through capital gains investments are actually going to pay the higher tax rate dont you? for instance, if i were in that bracket, i would take the capital gains at the lower rate, then decrease my capital gains income so that i wouldnt pay the higher tax rate. any money that went over the the million dollar mark would go into a tax free foundation so that i wouldnt have to pay the higher rate there again.
in the end the only ones paying the higher rate would be those that are already paying the higher rate. it wont make a difference in the tax revenues coming into the government. it is just feel good legislation and you know it.
Dependant class voting themselves other people's money?
Quote:
Originally Posted by florida.bob
Except it does raise some revenue and has the support of over 65% of Americans. But, that is irrelevant, huh?
Does that 65% include the 47% of Americans who pay no federal income tax? Or, is that irrelevant too?
Perhaps dot-bob should go back and see that throughout history every tax which was sold as "tax the rich" ended up hitting the middle class the hardest. Or, is that irrelevant too?
It couldn't be that Harry Reid, Obama's obstructionist-in-chief, is merely distracting from the fact he has refused to cooperate in passing a budget since he assumed the role of Senate majority leader could it? I guess that is irrelevant, huh?
Swim on over to Cuba if that is the tax structure you want.
really? you do realize that very few making $1 million or more per year through capital gains investments are actually going to pay the higher tax rate dont you? for instance, if i were in that bracket, i would take the capital gains at the lower rate, then decrease my capital gains income so that i wouldnt pay the higher tax rate. any money that went over the the million dollar mark would go into a tax free foundation so that i wouldnt have to pay the higher rate there again.
in the end the only ones paying the higher rate would be those that are already paying the higher rate. it wont make a difference in the tax revenues coming into the government. it is just feel good legislation and you know it.
Just in case you may want to actually find out what's in the Bill, here...
Yeah, get the (misguided) con's on record as wanting to, as Buffett says, 'coddle' the super rich...
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Dependant class voting themselves other people's money?
