Quote:
Originally Posted by Xurtio
It depends on what you mean by "taxing the rich". Capital gains tax cuts are certainly unfair and the richer one is, the more they can move their income generation to capital gains.
|
What's completely ironic about this is that they actually added clause so that if you're in the 10-15% income bracket (i.e. poor) you don't have to pay any taxes on capital gains.
Well isn't that nice? In order to justify tax cuts for the filthy rich, the people who can't even afford to invest in a sound manner are given a completely useless tax break.