Quote:
Originally Posted by woj
any proof of that? I doubt that an average person making 250+k per year, pays lower percentage than someone making <250k... sure there are some unusual exceptions, but on average I really doubt that's the case...
so does anyone have any proof from a reliable source that what crockett claimed is actually the case?
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He's talking about the capital gain tax of course. And what is always left out of that discussion is this:
If they raise the tax on capital gains, then yes...Mitt Romney will pay more in taxes.
BUT...everyone of you who have investments in the stock market will also pay more. AND all the elderly retired people with 401k investment portfolios will also pay more.
This whole "tax" argument is just stupid. Taxes don't do anything but feed the beast (the federal govt)
I personally think it is way too big. We need to starve the beast (less taxes) not feed it more.
And the first place I'd start would be the military. We don't need to have troops and bases in damn near every country in the fucking world. It's bankrupting us.
In the past it was always "Guns or Butter" (military or social spending).
With no real wars...it should be "butter" only.
And that would cut the deficit out of the picture and start repaying the damn debt...WITHOUT taxing people even MORE.
By the time I pay federal, social security, local, and sales taxes...I'm paying way over 50% of everything I make to the govt.