On Sun, 09 May 2010 18:07:46 -0600, Canuck57
wrote:

On 09/05/2010 4:56 PM, bpuharic wrote:
On Sun, 9 May 2010 14:29:10 -0700,
wrote:


not only that, but when the rich game the system by excluding
themselves from taxes (via lower capital gains), he thinks this is
wonderful and the bill should be passed to the middle class

Actually, capital gains is in the total picture a tax on wealth.
Inflation tax if you will.

so is income tax on the middle class


For example, you buy a house @ $100,000. Then it is worth $200,000...
same house same area. No changes. Materially 100% the same as when you
bought it.

Did it's value increase or did it's cost in dollars increase?

except, of course, there are tax benefits to hold ing a house in the
US for 2 years that wage earners do not get


But then if you graduated high school, I am sure they just wanted to get
rid of you. As you obviously don't understand inflation.

you seem not to know much about the US tax system

no surprise. right whiners have their myths. no facts. just myths