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[quote=Anonymous][quote=Anonymous]Whether investment income should be taxed at a higher or lower rate than 15% and whether it should be taxed at a higher or lower rate than non-investment income should not turn on the small percentage of extremely wealthy people in the country.  He's rich and now makes most of his money by investment. I already know that. I can guess that a lot of his income is taxed at 15% now. He follows the tax laws, I have no doubt, he's smart enough to do that.

So, again, I don't care one whit if his personal rate is at or slightly below 15%. Good policy for the country on these questions doesn't turn on what he makes.[/quote]

Hmm, how do you know he is following the tax laws.  He has not released his taxes.

I guess it is okay for a working schmuck to pay 30-40% of their earnings to the tax man.  But, woe, if you had the good fortune of inheriting money to make lots and lots of money, you should be awarded with a 15% or less tax bill.   Yes, that is good policy for the country.  Let them eat cake mentality.  [/quote]

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