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Rearden Rearden is offline
Fair and Balanced
 
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Join Date: Sep 2004
Location: Keeping appeasers honest since 2001
Posts: 2,162
Quote:
Originally posted by nota
the richest pay only 15% on capital gains
the super rich like bill gates make almost all their wealth
thru capitals gains not from the few million they get paid
btw did the no tax on dividends pass?
thats another way the rich pay less then workers

there is no SS tax on dividends or capital gains eathor
and it is capped so it seldom really bites the rich

but the worker pays both SS and income tax
or a higher rate then the rich pay when combined
as very very few true rich earn a big income
it is all from capital gains on stock and stock options
no tax bonds, and other low or no tax tricks
Nota, so you are a worker. How does the company you work for get its capital? I know you have no respect (you call them "fools") for people who raise capital or purchase equity/debt, but do these people enable your company to exist? And, therefore, enable you to be a worker?
Old 07-08-2007, 05:20 PM
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