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The Water Cooler
General Discussion
Senate Republicans Block Tax Cut Plan that Leaves Out High Earners
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<blockquote data-quote="Hobbes" data-source="post: 1385130" data-attributes="member: 3371"><p>The economy is dynamic whether taxes are cut or not.</p><p></p><p></p><p></p><p>I don't want to speak for LC, he can do that for himself.</p><p></p><p>You know that a lot of really wealthy people don't pay income taxes at all, right?</p><p>They pay capital gains taxes.</p><p>Be it equities or real estate, they pay CG taxes that max out at 15%</p><p></p><p>I don't know about you but I pay a LOT more than 15% income tax rate.</p></blockquote><p></p>
[QUOTE="Hobbes, post: 1385130, member: 3371"] The economy is dynamic whether taxes are cut or not. I don't want to speak for LC, he can do that for himself. You know that a lot of really wealthy people don't pay income taxes at all, right? They pay capital gains taxes. Be it equities or real estate, they pay CG taxes that max out at 15% I don't know about you but I pay a LOT more than 15% income tax rate. [/QUOTE]
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Senate Republicans Block Tax Cut Plan that Leaves Out High Earners
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