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Reply to "Romney's tax rate under the Ryan plan would be 0.82%"
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[quote=Anonymous]Thank you for explaining to the idiots why capital gains tax is lower than income tax, it's because you are using post taxed income to buy another investment. The only pre-tax investment is 401k, ira, tsp, retirement accounts etc... It would be nice if people would get their heads out of their asses and realize the difference between income tax and capital gains and why they are a different rate. The whole mitt romney pays capital gains tax vs income tax is bunk. Take romney's income tax rate on his 500k and then compare that to obama's. [/quote]
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