On 16-Sep-2010, bpuharic wrote:

Investment income is taxed at a lower rate to encourage investment,

which it does not do. we have lowered the tax rates on investment
income to 15%

Only for 3 more months - then you're "retirement" is screwed even deeper.

The lowest tax rate now is 10% - it will rise 50% on January 1, 2011. That
makes them equivalent.(50% tax rate increased on the lowest wage losers???)
Higher tax rates go as high as 40%, at a moderate incom,e. That's lower.
Arithmetic impaired??

how's that working out for us right now?

oh. we're ****ed. so your argument is ****.

which
used to result in brick-and-mortar companies to produce products where
the
masses could be managers, engineers, technicians and factory rats. If it
weren't for capital investment, you'd be growing roots in your collective
garden to survive. Investment is now punished (unless you are merely
shuffling money on bogus pieces of paper and a buddy of "the
administration"), therefore you have a diminishing income. It is
actually
that simple.

and why should INVESTMENT income be treated differently than EARNED
income?

Read previous post, look up the big words. Have you invested in anything
other than foreign trinkets and lottery tickets? )Thise weren't
investments, for the thinking impaired.)


it shouldn't. it leads to increasing wealth concentrated in fewer and
few hands...which is what's happening to america today

Seemingly increased wealth in "the few" (MORE millionaires and billionaires
than EVER in North America, including a ******** like Mexico)) looks
causative because the middle class is devastated and continuing to shrink -
explained why 40 times here - the gap is wider, and widening - what are you
going to do to change that? Elect a different set of political parasites???
That's right, bitch, send money overseas - it worked until now, right?


so your argument is COMPLETELY wrong

Don't beat yourself up for not understanding grade school economics.