Quote:
Originally Posted by RIROCKHOUND
How about:
1. leave the capital gains tax rate as is.
2. The carried interest, which romney (and hedge fund managers etc) gets as a slice of Bain et al.'s profits from what I understand, goes to normal income rates
3. Set some floor for closing loopholes. If you make 7 figures a year, do you really need the child or mortgage intereste deductions?
4. Continue to close more corperate loop holes.
Of course we are all out to pay the least we can all pay, but there HAS to be a structure that doesn't decimate the lower and middle class that isn't 'class warefare'....
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Sure. I do agree the middle class needs help. I think where we disagree is how it can be accomplished. I think cuts in spending will be enough.