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The Water Cooler
General Discussion
'We Don't Believe Anybody Is Entitled to Success in This Country'
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<blockquote data-quote="Hobbes" data-source="post: 1933258" data-attributes="member: 3371"><p>The claim is NOT that's illegal, although it may be.</p><p></p><p>The whole point is that it's unfair to tax Romney's <strong>labor</strong> at 15% and tax the <strong>labor</strong> of doctorjj, MDT, and trdoc at 35%.</p><p>It's ordinary income and should be taxed at the same rate.</p><p></p><p>The practice is widespread in the financial sector and quite controversial aside from the article in Forbes.</p><p>The only reason it hasn't be fixed is that the people who benefit from it are the same people who donate the large contributions to politicians of both stripes.</p></blockquote><p></p>
[QUOTE="Hobbes, post: 1933258, member: 3371"] The claim is NOT that's illegal, although it may be. The whole point is that it's unfair to tax Romney's [B]labor[/B] at 15% and tax the [B]labor[/B] of doctorjj, MDT, and trdoc at 35%. It's ordinary income and should be taxed at the same rate. The practice is widespread in the financial sector and quite controversial aside from the article in Forbes. The only reason it hasn't be fixed is that the people who benefit from it are the same people who donate the large contributions to politicians of both stripes. [/QUOTE]
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'We Don't Believe Anybody Is Entitled to Success in This Country'
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