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

To: J_F_Shepard who wrote (646196)	2/22/2012 10:25:43 PM
From: puborectalis	Read Replies (1) \| Respond to of 1571169

Romney Rasmussen Tracking2/19 - 2/211500 LV4741Obama +6 Associated Press/GfK2/16 - 2/201000 A5143Obama +8

To: J_F_Shepard who wrote (646196)	2/22/2012 10:39:31 PM
From: i-node	1 Recommendation Respond to of 1571169

>> ey are taxed in different ways because the rich guys lobbied their rep's to get tax laws written in their favor........ You gonna try to say there's some logic in it???? Of course there is logic. The lower rates for long-term capital gains dates back to about 1920, and the rationale for it couldn't be clearer: lower LTCG rates cause economic growth. Period. In addition, capital gain income is not in any way similar to earned income; one is earned on an annual basis, the other is earned over a period of years. That is why pretty much every congress since 1920 has reaffirmed the favorable treatment. You say someone "lobbied" for it. Who? Every homeowner in the country (who not only gets favorable capital gains treatment, gets a ZERO rate under certain circumstances)? Every business owner? Every pension beneficiary? You really don't understand these issues and they are complicated. If you want to really invest a few years in learning about taxation, go for it, and come back and we'll discuss it.