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Old 10-09-2020, 09:49 AM   #13
Jim in CT
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Join Date: Jul 2008
Posts: 20,429
Quote:
Originally Posted by wdmso View Post
Big picture Jim big picture. I bet our personal income tax % is higher than theirs
maybe. but obama has a democrat congress to change that if he wanted to, and he didn’t.

their rate is only lower than mine and yours, if their income
comes from capital
gains and not ordinary income. i don’t have a problem
with capital gains tax rates being low enough to encourage people
to invest. maybe you make it more progressive above certain amounts.

for all the liberal whining on this, obama and the democrat congress never tried to fix it. there’s a reason why.
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