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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: SilentZ who wrote (247064)	8/22/2005 10:43:48 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 1571783

RE:"But that cut benefitted a lot of people in the lower and middle classes. Well, my neighbors are millionaires and they all got $500k cap gains exempted. Also, you'll find most tax cuts benefit all classes.

To: SilentZ who wrote (247064)	8/22/2005 10:50:01 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 1571783

Z, But that cut benefitted a lot of people in the lower and middle classes, unlike the capital gains and dividend tax cuts that this administration has been pushing. Real estate gains are a form of capital gains, yet they're tax-free. As for the dividend tax, they should have been cut at the corporate level. Of course, which is worse: Microsoft getting a tax break, or Bill Gates getting a tax break? My answer would be the latter, but curiously enough, the Bush administration disagreed. Tenchusatsu