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Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?


To: Ish who wrote (71579)1/7/2000 7:04:00 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 108807
 
I think I phrased that wrong, Ish. We're talking about taxes on people that have large gains. I'm only saying that for the few people that are lucky enough to have a large gain in the market - only option holder (people that are currently working) will pay into the medicare tax pool, and they will pay a lot since the cap has been totally removed. If you make a million $$ in options, then you will pay the medicare 1% on the entire amount - $10,000. I really don't have a problem with this EXCEPT that the same taxation levels don't apply to windfall passive profits in the market - they pay nothing to medicare! If you are going to separate these two stock windfalls pertaining to medicare then its the capital gains people that should pay - they are the recipients. But to make the working people pay and the passive investors pay NOTHING - whats up with that?