General Discussion

TBF

(36,468 posts)

7. It has to be on capital gains or

Tue Feb 16, 2016, 12:22 PM

Feb 2016

you're just taxing the folks for high income - not wealth.

Currently I can't even write off my student loan interest because income is over their cut off - yet billionaires who have inherited every cent they have pay less and less in capital gains taxes. That's not fair. It used to be 100% on ALL income & now the uber wealthy are making out like bandits because every president since Reagan has decided to cut the tax on capital gains. It makes no sense.

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5 Reasons the Top Tax Rate Should Be 80 Percent [View all] eridani Feb 2016 OP

^ Wilms Feb 2016 #1

give them deductions for investing in infrastructure and raising wages librechik Feb 2016 #2

4. Progressive Taxes Actually Work pampango Feb 2016 #3

NJ gd770226 Feb 2016 #4

That's nothing but an extortion attempt on the part of the superrich meow2u3 Feb 2016 #6

OK gd770226 Feb 2016 #9

I think it would be best to raise the capital gains to 30% and block overseas tax free loopholes. dmosh42 Feb 2016 #5

It has to be on capital gains or TBF Feb 2016 #7

I Think We Tend To Forget Dividends ProfessorGAC Feb 2016 #10

At what income level would you impose an 80% tax? nt clarice Feb 2016 #8

I see that we have another poster who doesn't get the concept of MARGINAL-- eridani Feb 2016 #13

Waiting.nt clarice Feb 2016 #11

Still waiting. nt clarice Feb 2016 #12