To: moshiach
Apples and oranges. Capital gains and earned income are completely different and should be treated differently.
Secondly, your example is incorrect, a mcdonalds burger flipper is likely taxed at 10% or 15%, and a slew of deductions are applied to their earnings. I am sure many of these folks fit into the 47 percent not paying any income tax.
20 posted on
07/20/2011 6:04:52 PM PDT by
ilgipper
(political rhetoric is no substitute for competence (Thomas Sowell))
To: ilgipper
The rich will get richer, the poor will get poorer....
And us poor bastards will get stuck with the bill... Again.
22 posted on
07/20/2011 6:37:58 PM PDT by
EQAndyBuzz
(As long as the MSM covers for Obama, he will be above the law)
To: ilgipper
Lol 10% or 15%? When I was climbing up the ladder to middle class I worked at McDonald's. I paid slightly over 30% in taxes. The only break I got was eating the Big Mac that didn't sell at closing. During that time I do remember Congress big concern was lowering the capital gains tax for the overworked investment class.
24 posted on
07/20/2011 7:08:30 PM PDT by
moshiach
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