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Politics : Formerly About Advanced Micro Devices

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To: bentway who wrote (287677)	5/11/2006 12:04:27 PM
From: Elroy	Read Replies (2) of 1571778

I own stock. So does Warren Buffet. Which one of us gets his entire income from stock sales and stock dividends? Warren Buffet gets by paying the 15% cap gains tax - the one Bush would like to be ZERO, while I pay a much higher personal income tax rate on my salary. It doesn't seem fair to me. Well for every WB there are millions of us that lost our money in stocks, so picking out the #1 player is not the right way to devise policy that applies to everyone. Also, WB probably pays $100 million per year (I don't know, something like that) and you pay maybe $30k (my WAG). Put that way, it seems more than fair. He probably consumes about the same amount of government services that you do, but pays $99.96 million more than you. Ouch. He's getting screwed!! How did WB get his $30B? That's what interests me. If he earned it through smart investment decisions, the more he keeps (after paying his income and other taxes) the better. If he didn't do anything to earn it (as in inheritance), then he's my primary target to have it taxed at a higher rate.

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