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The money in mutual funds that is taxable, is significant. It is also OVERWHELMINGLY concentrated in the top 2-3% of households. That does not mean that many average Americans don't have some, they do, have some.

Take mitt Romney. He made 20+ million last year in income, and paid a lower effective tax rate than every pilot on this board. He also never checked in for an assignment or worked a 12 hour duty day like we did. But we got the privilege of working far harder and paying more of our income in taxes than him.

A tax on capital gains would have a small impact on hardworking middle class Americans.



Good God your a libtard. Romney paid taxes on 14% of his "income" last year due to the simple fact he does not receive a regular paycheck like the rest of us. Your hangup on % vs actual dollars is ludicrous. 14% of $21.6 million is $3.04 million. The middle class family making $50,000 AGI paid %15 or $7500. If Romney is smart enough to figure that out, why can't you? Or do you want him to "share the wealth" with you too? You want to the "Romneys'" of America to pay what you see as their "fair share" no questions asked, yet you seem to think that most other Americans are the hard working, down trodden, put-upon middle class that they've been led to believe they are and that they pay way too much to the federal government already. BS. Show me a food stamp recipient in America and I'll show you the same person holding a cell phone, buying designer name clothes, and shopping at Macy's while waiting for Obama care to pay for her check ups so she doesn't have to go to the free clinic. Time to step up and quit laying your blame game on people in America who are successful.
 
Just remember to vote.... republicans vote on November 6th.... democrats vote on November 7th............... this avoids any conflict at the polling booths.....
 
Bubba, here's a different viewpoint.
I'm in the same tax bracket as you and we are both among the most fortunate in this country. Make no mistake about it we worked hard to get were we are. But most Americans worked just as hard as we have and have not fared as well. The middle class is getting screwed and a small percentage are getting richer and richer. Not because they are smarter, better humans or working harder, but simply a result of circumstances. Life isn't fair, but the republican agenda wants a few to get richer at the expense of the vast majority. They seem to think that's OK. The concept that wealthy people paying less taxes helps anyone but the individuals saving more money is bit of a joke. Lower taxes for the wealthy do not trickle own. I have no problem paying more taxes. It won't change my lifestyle one bit, but if it helps create a more equitable U.S. for my kids to grow up in it would be a good investment.
But the bottom line is you and I have been very fortunate, but not more deserving. I care more about a more equitable country than I care about a few extra tax dollars.
Now that said, here is were you and I will agree....it does piss me off how much money is wasted by our Government, but that's a separate issue that both parties have failed at, and I'm not sure which one is the most guilty.

I knew I liked you... this is exactly the way I feel too. Amazes me how many "I got mine, get your own" types there are in this country.... there is no social compact or concern for their fellow man... sad.
 
Good God your a libtard. Romney paid taxes on 14% of his "income" last year due to the simple fact he does not receive a regular paycheck like the rest of us. Your hangup on % vs actual dollars is ludicrous. 14% of $21.6 million is $3.04 million. The middle class family making $50,000 AGI paid %15 or $7500. If Romney is smart enough to figure that out, why can't you? Or do you want him to "share the wealth" with you too? You want to the "Romneys'" of America to pay what you see as their "fair share" no questions asked, yet you seem to think that most other Americans are the hard working, down trodden, put-upon middle class that they've been led to believe they are and that they pay way too much to the federal government already. BS. Show me a food stamp recipient in America and I'll show you the same person holding a cell phone, buying designer name clothes, and shopping at Macy's while waiting for Obama care to pay for her check ups so she doesn't have to go to the free clinic. Time to step up and quit laying your blame game on people in America who are successful.

You really believe a majority of food stamp recipients have cell phones, wear designer clothes and shop at Macy's?! You need to turn off Fox News and Rush Limbaugh and head down to the local welfare office and take good hard look at who is coming in. I guarantee you it is not the people Fox News would have you believe it is. Government welfare is a needed lifeline for many people and can even serve as a springboard for people to improve their lives to a point where they can become chairman of American motors, governor of the state of Michigan and have a son run for President...
 

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