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Re: Capital gains tax rates benefiting wealthy feed growing gap between rich and poor 

By: Decomposed in FFFT | Recommend this post (3)
Mon, 12 Sep 11 8:16 PM | 49 view(s)
Boardmark this board | Food For Further Thought 		Msg. 33354 of 65535
(This msg. is a reply to 33343 by oldCADuser)
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re: "so this is really benefitting a very small group of uber-rich who will only use any reduced taxes to acquire even more wealth at the expense of the rest of society."

You're probably right. My issue, btw, isn't with an assault on the low Capital Gains tax. It's with this nonsense about the top 20 percent. This includes you, me, and I'll bet zimbler, Atomic Bob, clo, Lkorrow, ktc, and practically everyone else we know who isn't retired, in school or a welfare slob.

It's the top ONE HALF percent that you're speaking of. The so-called "uber-rich."

An assault on the top TWENTY PERCENT attacks a huge number of middle class, hard-working Americans.




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The above is a reply to the following message:
Re: Capital gains tax rates benefiting wealthy feed growing gap between rich and poor
By: oldCADuser in FFFT
Mon, 12 Sep 11 7:39 PM 		Msg. 33343 of 65535

I'm not denying that I'm in that 20%, but I have also NEVER claimed a single cent of dividend or capital gain income in my life. And I suspect that a large percentage of my fellow 20%'ers could say virtually the same thing, so this is really benefitting a very small group of uber-rich who will only use any reduced taxes to acquire even more wealth at the expense of the rest of society.

But since we're on the topic, exactly how much of America's wealth do YOU think is enough for that top 20% to own? Is 84% enough? If it is, WHY are you advocating a policy which will only make that number larger? And since you are advocating that policy, at what point will YOU say enough is enough? 90%? 95%? 99%?

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