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Politics : American Presidential Politics and foreign affairs

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To: DuckTapeSunroof who wrote (48780)11/28/2011 11:12:49 AM
From: tonto3 Recommendations  Read Replies (1) of 71588
 
I do not see how you specifically were not talking about ordinary income. The following is what you wrote:

nearly all of which is of course derived from dividends and long and short-term capital gains --- all taxed at preferential below-income-tax-rates, and all offset by healthy dollops of accrued realized capital losses which can carry-forward an unlimited amount of time, so that even the ordinary income from coupons and interest isn't enough in this current interest rate environment to pull his weighted average effective federal tax rate up anywhere near to what his secretary pays. :-)

Please explain what you mean above since it does not go against ordinary income what is limiting his tax rate so that he does not pay what his secretary pays. What do they both pay?
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