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Buffet stated an opinion, he didn't pass a law.
You don't have to agree with an opinion (thank goodness) but a concept of liberty is the right to express an opinion.
I'll have to assume that you are a very high income person, otherwise this "opinion" won't affect you.
Now, here comes MY opinion. I think that capital gains should be taxed at ordinary income rates UNLESS the investment is active and American. Most people don't get much capital gains income. You have to be fairly rich to take advantage of that. If your investments create nothing, you shouldn't get preferential treatment.
It more seems Romney opinion is that capital gains should pay even less than the already ridiculous rate of 15%. This benefits him and his ilk, not so much anybody that isn't a millionaire. He has a right to that opinion, just as Buffet has a right to his own.
You don't have to agree with an opinion (thank goodness) but a concept of liberty is the right to express an opinion.
I'll have to assume that you are a very high income person, otherwise this "opinion" won't affect you.
Now, here comes MY opinion. I think that capital gains should be taxed at ordinary income rates UNLESS the investment is active and American. Most people don't get much capital gains income. You have to be fairly rich to take advantage of that. If your investments create nothing, you shouldn't get preferential treatment.
It more seems Romney opinion is that capital gains should pay even less than the already ridiculous rate of 15%. This benefits him and his ilk, not so much anybody that isn't a millionaire. He has a right to that opinion, just as Buffet has a right to his own.
Ok. I suppose. I dont find how they do their taxes to be a concern quite the opposite. I just dont like hypocrites that go after my money while I am trying to accumulate more, and they have already made theirs. Romney doesnt do this, Buffett does. Buffet says tax the rich more. Well if he wants to pay more he can write a check. Leave me alone. Thats the way I think about the matter so I dont know what else to tell you.