[mnehring]

Good.
Money invested has already been taxed prior as income tax. It is taking a risk to help an investment grow. Removing capital gains would be a great benefit.

[USCG SimTech]

taxable income of $21,661,344 Total assets that have ALREADY BEEN TAXED is not taxable income. That is unless you are talking about confiscation of assets and savings. A persons net worth is not taxed every year, just their NEW INCOME EARNED for that new year.

Jealousy and envy will be the death of liberals in this life and the next.

[Petrosius]

Romney, like all stockholders, pays taxes on corporate income through the corporation. In the present situation taxes on corporate income are paid twice, once when the corporation declares a profit, then a second time when the individual stockholders take that profit home as a dividend. Tax it once, either as corporate income or a dividend, not both.