Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: J_F_Shepard who wrote (470470)	4/10/2009 6:47:27 PM
From: Tenchusatsu	Read Replies (2) of 1575439

JFShepard, > There were 25 hedge fund managers who averaged 470 million each last year......they are taxed at capital gains rate... That fair??? OK, let's get rid of the long-term capital gains rate and tax all of that income at ordinary levels. How about all of the money that, say, Warren Buffet earns from muni bonds? Tax that too? How about the funds that the Bill and Melinda Gates foundation gets ... all tax-free? Seems like there's another big chunk of change that government could go after. Do you think that we can continue raising taxes on the "rich" just to avoid having to ask why government keeps growing at an astounding rate? Tenchusatsu

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