Do you own a mutual? Individual shares? Thought they might pay a dividend you could receive? Ah, that is not “fair” says Obama who plans to double the capital tax rate from 15% to 28 to 35%.
I have heard that Obama has a brother that lives in a hut in Africa. Does Obama want to “level the playing field” to the point that his brother has the same standard of living as someone here in America? One wonders …
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This country has been indoctrinated into thinking that the Income Tax system is the way to fund the government. But the Income Tax system is a corrupt mess and only gets worse as time goes on. Eventually the whole Income Tax system is going to collapse on itself as it gets larger and larger, more paper intensive, more confusing and mind numbing. So if you abolished the current Income Tax system and replaced it with the Fair Tax or Flat Tax, then politicians like Obama can’t monkey around with raising or lowering tax percentages on income transactions. The Income Tax… Read more »