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FortWayne
@
2012 Feb 28, 3:37am
Considering Mitt Romney and the like pay a much lower rate in taxes than an average working man, I don't agree with Republican party outcry either.
I'm for a system where we have no loopholes and ALL income is taxed at the same rate, no special treatment for anyone. And I don't see either party going in that direction.
Passbook savings accounts used to be 5.25% by law. We didn't have to risk our futures to beat inflation. Now we have real rates of negative return and a stock market gambling casino to choose from.
I'm for a system where we have no loopholes and ALL income is taxed at the same rate, no special treatment for anyone. And I don't see either party going in that direction.
Its really not a loophole, its built into the tax code for a reason.
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New Obama proposal to get the greedy:
http://online.wsj.com/article/SB10001424052970204880404577225493025537660.html?mod=WSJ_hp_LEFTTopStories
#politics