The Buffett Rule

[zimmy]

Originally Posted by RIJIMMY

you're only taxed on the gains, not the initial investment so not sure its double taxation
for your pleasure -
Buffett Rule: Sounds simple but ... not so much - Sep. 20, 2011

Bingo. Some of my take on it... so guy A goes to work, makes $50,000 busting his arse in the mill or whatever and gets hit @ 25%. Multi-millionaire ceo gets $100,000 or whatever capital gains from money sitting an account and gets taxed on that at 18% (not sure what the percentages actually are). Not sure that is a reasonable policy.