Quote:
Originally Posted by jimjamuser
The rich pay less taxes through the mechanism of Capital Gains. The rate is LOWER than rates on income!
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So in your world, someone like Mitt Romney for which we have a pretty good idea of the numbers, has no income other than capital gains and dividends, and pays 5 million/year in taxes in addition to his 3 million in charitable donations is "cheating" the poor little guy who works in a factory and earns 30,000/year because (in theory only) his tax
rate is lower. Even though that "little guy" is paying
ZERO in income tax, just like 47% of the population.
Were you indoctrinated to socialism in college, signed up for an adult "education" course, or simply dropped on your head as a baby?????