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Then Warren Buffet is lying.
So, give examples of people running from investments because the taxes were so high.
Ruki, Corporate Taxes are the lowest they've been since WW2. Income and Capital Gains taxes are the lowest, too.
Explain the 50s and 60s when this country saw the greatest boom in history, when the upper bracket paid 90% of income to the IRS.
Risk? What risk? You don't pay capital gains taxes if there is no capital gain. If you lose money you take a loss against your taxes.
Are you talking about risk of loss of principle? So you are saying that capital gains taxes should be low and earned income taxes should be high as a subsidy against possible bad investments? People working for a living should subsidize investors to make more risky choices than they should have because investors can make it up in low cap gains taxes on profitable investments?
That's a perfect example of the problem, not the solution
You have be to be kidding! The losses on investments are capped per year, so any significant loss will take an eternity to write off, so that's already totally skewed and unfair as they tax all of your potential profits.
What right does that idiot and his crony government have to take capital gains taxes (and go to war with them) on invested money that they have already taxed you with, which, if they are sound investments, help create and secure a lot of jobs while they subsidize home-owning and flipping to the hilt so that every dipshit can brag about their great home/asset/investment and living the American dream. None of the capital investments made by the simple taxpayer (not talking about too-big-to-fail crony corporations here) is subsidized in any form whatsoever. Please come back with that senseless reasoning once capital investors get "interest adjustments" and taxpayer bailouts when they are deep in the shitters, or fight against bailouts for big banks and other corporations close to the POTUS, then you might actually be onto something.
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Is it true 40% of American households recieve a direct financial benefit from the government? 40%? Thats the result of creeping tyranny...trickle down misery...just what the existing regime wants, comrade.
http://news.investors.com/article/608418/201204200802/ssdi-disability-rolls-skyrocket-under-obama.htm
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