Re: Beer and taxes
From BankRate.com:
"The tax act that reduced the dividend rate treats dividends as net capital gains when computing the favorable tax rate for AMT purposes. Therefore dividends, like long-term capital gains, won't be taxed at higher than 15 percent for the alternative minimum tax."
The rich got their big tax cut in 2001 or 2002-- have you seen a big increase in manufacturing jobs here since then? How about in China? What more evidence do you need? That clearly has helped our economy!
I could accept an adjustment to capital gains based on inflation--that would be a few % per yr. Not 50%. So I guess you are happy with the bonuses of the bankers we bailed out being taxed at half the rate of the middle class--I'm sure there are others.
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