thereisnospoon
Gold Member
The guinea pig is smarter than you.Right now, because of loopholes and shelters in the tax code, a quarter of all millionaires pay lower tax rates than millions of middle-class households. Right now, Warren Buffett pays a lower tax rate than his secretary.
Do we want to keep these tax cuts for the wealthiest Americans? Or do we want to keep our investments in everything else like education and medical research; a strong military and care for our veterans? Because if were serious about paying down our debt, we cant do both.
The American people know what the right choice is. So do I.
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Now, you can call this class warfare all you want. But asking a billionaire to pay at least as much as his secretary in taxes? Most Americans would call that common sense.
White House releases full text of Obama's State of the Union speech | Detroit Free Press | freep.com
What is being left out is the fact that Mr. Buffet was taxed on his money once already... the taxes Obama is pointing out is on Buffet's investments.
Only dummies are falling for this shit.
So yeah... raise capital gains taxes and watch those same billionares say why bother investing.
Nobody turns down making money because of the tax they might face. That's one of the more consistently dumb things Republicans say.
And they're not taxing money that was already taxed. We don't tax wealth here. Only the net gain of new wealth is taxed. Another dumb thing Republicans say.