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Replies to #19071 on Cat House
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Manti

01/26/12 10:53 AM

#19073 RE: catdaddyrt #19071

Inside info comes in other ways for them as well. Heck, Nancy would control where the appropriations were going and invest accordingly. It's pretty hard to lose that way.

And on a similar topic: Buffet doesn't care that much about capital gains taxes because he has very little REALIZED capital gains. He gets most of his gains in stock, so until he sells he has NO tax liability.
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Stockfire409

01/26/12 11:09 AM

#19075 RE: catdaddyrt #19071

I am litterally shocked and amazed that there isn't wide spread outrage that the elite of the US pays less tax percentage then their employees...no more need to wonder why the country is basically bankrupt...The people that run your country may pay into the system dollar wise but why would it be alright to take part in all the rights and beauties your country offers and not follow the laws put in place by your founding fathers to build the nation. If I paid 30% in taxes you can bet that I would want the billionaires to as well...
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doughboy2

01/26/12 11:10 AM

#19076 RE: catdaddyrt #19071

Power and greed, er, enlightened self interest, go hand in hand.

It's been going on like this for some time - both Dem's and Rep's in on it.

They have a monopoly and don't want it to change.

As an example, Mitt's claim that he is simply playing by the rule of law concerning his taxes, Bain was key to killing the 2007 bill (bipartisan), to increase taxes on private equity gains from 15% to 35%, by creating a lobbying group against it.

Great line, "Poor people have shitty lobbyists".

http://www.thedailyshow.com/watch/tue-january-24-2012/indecision-2012---i-know-what-you-did-last-quarter

Go Ron Paul!