General Discussion

GarroHorus

(1,055 posts)

15. Bullshit, income is income

Wed Jul 11, 2012, 09:47 AM

Jul 2012

The only reason dividend income is taxed differently from any other income is because rich people who make the bulk of their income through dividends bought off politicians to make it so. The arguments about risk are bogus. I take a risk accepting employment with a corporation and I would argue my risk is far greater than the rich man investing his money because I'm betting everything on that job and corporation while the rich man is only risking a portion of his net worth.

The argument about encouraging investment is also bogus. It does nothing to encourage investment. The rich man was going to invest regardless, he's just greedy so bought off the politicians to get his income taxes lower than the common man's.

It's apples to apples because income is income.

Welcome to DU, enjoy your time however long that may be.

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Rich Obama fundraiser says rich already pay their fair share..... [View all] matmar Jul 2012 OP

So Romney paying an effective federal tax rate of 13% is "paying his fair share",... GarroHorus Jul 2012 #1

Watch it. You're being "a bully" and being "delusional" matmar Jul 2012 #3

Misleading terms .... NashuaDW Jul 2012 #12

Bullshit, income is income GarroHorus Jul 2012 #15

Just. Doesn't. Get. It. bluerum Jul 2012 #2

So why is this door knob raising money for Obama, when he should be working for Romney? teddy51 Jul 2012 #4

Pro Choice Republicans Wilms Jul 2012 #6

So, when is he going to renounce his citizenship and move to Austria? Tierra_y_Libertad Jul 2012 #5

Inside the tent pissing out or outside the tent pissing in? Fumesucker Jul 2012 #7

You'd think they'd be willing to sell their yachts and replace them with Donzi's. L0oniX Jul 2012 #8

I guess I am "delusional" because I'll always think it's "unfair" Raine Jul 2012 #9

the dishonest argument KT2000 Jul 2012 #10

how hard did they need to dig to find an Obama donor like that?? progressivebydesign Jul 2012 #11

They seem to be running the show. Huey P. Long Jul 2012 #13

Given how the rich donate to both political parties MadHound Jul 2012 #14

It's not the wealth, it's the inequality . . . . HughBeaumont Jul 2012 #16

"So, what do we want, a whole school of dummies?" backtoblue Jul 2012 #17