Brewerw
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- Jun 21, 2008
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many in the GOP and the right in general are in favor of flattening the tax rate and eliminating deductions and loopholes.
the big lie here is the one about "paying their fair share". 15% capital gains tax on $50 million is a helluva lot more than 35% income tax on $55k, in terms of real revenue collected. You can piss and moan all you want about the perception brought on by the disparity in the percentages, but when you start looking at the actual amounts paid, it will open your eyes.
My eyes are open, I promise. My family is easily in the top 1%. I've make over 15k over 2.5 year in college just from investing money I've been given from my parents and grandparents. Would I lower less taxes? Yes. Who doesn't want more money? But do I really think it's fair that I get to play with thousands of dollars I didn't earn when some of my college friends can hardly feed themselves? Not really.
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