teamosil
DP Veteran
- Joined
- Oct 17, 2009
- Messages
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Re: Romney's tax rate is only half as high as the middle class pays
No. If they invest in companies in another country, but they live here, they pay taxes here.
Mostly false. About 1/3 of profitable corporations pay no income taxes at all. Most just hide the money by reinvesting in the company. Besides, in the present case, that is definitely not true. Bain Capital is a partnership. Partnerships do not pay income taxes at all.
Dividends are a tiny percentage of capital gains anyways.
Taxing long-term capital gains at a lower rate most definitely encourages investors to put their money into the U.S. economy. That's not a bad thing; that's a good thing.
No. If they invest in companies in another country, but they live here, they pay taxes here.
Dividends, which are also treated as capital gains, are taxed twice.
Mostly false. About 1/3 of profitable corporations pay no income taxes at all. Most just hide the money by reinvesting in the company. Besides, in the present case, that is definitely not true. Bain Capital is a partnership. Partnerships do not pay income taxes at all.
Dividends are a tiny percentage of capital gains anyways.