Debate #2

[wader-dad]

so 15% on dividends is not low enough- he wants zero. He wants zero tax on capital gains. Who has dividends and capital gains? Not me- not you.

[sburnsey931]

Originally Posted by wader-dad

so 15% on dividends is not low enough- he wants zero. He wants zero tax on capital gains. Who has dividends and capital gains? Not me- not you.

If you a 401K or any money invested..... even an investment property....the profit on the sale of the asset is generaly subject to capital gains tax.
Romney said he would drop the rate to zero for people making less than 200k. But the wealthy would still pay.
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[Jim in CT]

Originally Posted by sburnsey931

Romney said he would drop the rate to zero for people making less than 200k. But the wealthy would still pay.
Posted from my iPhone/Mobile device

Now, don't go shredding a favorite liberal talking point with silly little things like truth and facts.

[RIJIMMY]

Originally Posted by wader-dad

so 15% on dividends is not low enough- he wants zero. He wants zero tax on capital gains. Who has dividends and capital gains? Not me- not you.

only for people making less than 200K
why is that bad? Are you for Obamas tax incrfease for people over 200K?
This will encourage middle class people to SAVE for retirement, education, etc.
and yes, I do have dividends and capital gains. Anyone with $50 and can buy a mutual fund does