|
posted to rec.boats
|
|
external usenet poster
|
|
First recorded activity by BoatBanter: Sep 2009
Posts: 1,197
|
|
Brown Wins, Democrats bit the dust
"bpuharic" wrote in message
...
On Thu, 21 Jan 2010 12:10:00 -0500, wrote:
On Thu, 21 Jan 2010 06:46:40 -0500, bpuharic wrote:
capital gains, however, dont
another sign of the delusion of the right wing
Actually the cap gains tax under Bush favors the bottom 2 brackets (
$65k) with a 5% rate and that is pro rated.
except, of course, those in this bracket have no capital gains. ah
well, another right wing truism shot to hell
the middle class works for a living. the GOP steals for a living
Bull****, there are plenty of seniors living off investments who do
not make more than $65000.
compared to working folks? no.
I dare say there are a lot of people in the middle class who buy and
sell stocks and they got a great tax break from this.
i dare say there aren't.
You are wrong. That was the whole point of this legislation, to make
investing more attractive to people who normally just spend every dime
they make on **** they don't need.
actually it was targeted at working people because the GOP realized
they
1. dont have the money for stockbrokers
2. dont have the discretionary income to invest
so this was a way to steal a BIT more money while convincing the
middle class they were getting a BIG tax break
if they REALLY wanted to give the middle class a tax break, they'd
reduce income taxes, NOT capital gains taxes
but the GOP has NEVER done this.
When did the Democrats lower the middle class income tax rate? They have
had control of Congress the majority of the last 50 years.
|