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Political Discussion
Reply to "Romney the kind-hearted"
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[quote=Anonymous]wants a lower capital gains tax but ONLY for families making less than $200k a year. Right. Because families making under 200k have soooooo much money invested in taxable accounts to begin with, and you want to give them an incentive to plow even more in the stock market so that the big players have more capital to fleece. I suggest he lowers the income tax rate on those making under 200k to his marginal tax rate of 15%, and he can increase their capital gains rate to 50% if he wishes. Given the 30% loss in real terms that the poor suckers who have bought and held over the last 10-15 years have incurred, they will certainly be better off in the end.[/quote]
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