What the "Buffett Rule" tells us about what our tax system has become

Discussion in 'Politics' started by 1_Old_Man, Apr 16, 2012.

  1. 1_Old_Man
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    1_Old_Man Member

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    We have come to the point that any real progressivity in our system of taxing doesn't kick in until the million dollar mark. What kind of nonsense is that? For one thing there is no justification what so ever in taxing one type of income differently than another- so fuck the 15% tax on investment profits - and for another the damned maximum marginal rate should be no more than twice the national average income - and not one god damned dime more. If someone is making twice as much as the average they should be paying twice the rate of taxes on it if you ask me.

    Humph! :evil:
     
  2. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny's a big fan o' ol' Warren `cause he got lotsa money...
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    Buffett says economy on mend, bonds 'terrible' investment
    6 May `13 - Warren Buffett said the U.S. economy is gradually improving, but low interest rates have made bonds "terrible investments" while stocks remain "reasonably priced."
     

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