From the OP:
Further, 17 percent of the total benefits would go to the top 1 percent of income earners -- families earning roughly $450,000 or more. The same group that was hit with a tax rate hike in January.
The benefits of preferential tax rates on capital gains and dividends, a break worth $161 billion this year, go almost entirely to the wealthy, including 68 percent to the top one percent of earners.
:yawn: :bigyawn:
I really don't care that some folks (not many) have bigger houses than me. When I lived in Cali and bought a new house (because of Prop 13) I had to pay $7200 a year and my neighbor (almost identical house) next door was only paying $1800 a year in property taxes, did I contemplate "fairness"? You bet.. But did I want the old codger to be priced out of his house by taxes? No way...
Do I care that Warren Buffet gets a Social Security check like the rest of us? Nawww....
What I DO care about is why we can't all agree to end CORPORATE welfare in the form of tax breaks that caused GE to pay no net taxes? All because they get $75 bucks back on their tax bill for every dishwasher they sell. And a couple hundred for every wind turbine they produce.
...............Oh, you say those are GREEN tax breaks?? Good for the Planet??? Get off my cloud with the rest of your partisian hack clowns.
Stop subsidizing stuff that is already in the marketplace. The fact we can't fix THAT --- explains why everyone on the LEFT and RIGHT wants to whine about class envy....