Obama and (Even) Higher Capital-Gains Taxes

greed2

"oh no! The richest people...."

Obama's definition of "rich" gets lower and lower and lower.

BTW, are any poor people hiring you, or is it the rich?

I see a lot of ENVY. Perhaps while you chose to sit around and take drugs, others chose to take 8 years of college and have a good career. Instead of being envious or coveting, go out and make your own million! It can be done in this country if you aren't taxed too much.

susan of WA @ Nov 14, 2008 21:31:27 PM

I just don't understand

I'm puzzled by the whole capital gains tax thing. I consider us middle income people; we have investments, sure, but we're not rolling in dough. I am a retired teacher and my husband a government-employed engineer. We paid more tax for 2007 than my entire pension. We were told it was because of capital gains. Was this because our broker was churning our accounts? I don't even know where to go to find out.

I have a financial advisor, but he just makes noise about how glad I should be that I'm making money. (Although it seems to be going away faster than we make it.)

I believe people should pay their taxes. I'd just like to be able to understand what I am paying on.

Mary of OH @ Oct 15, 2008 15:04:14 PM

ask yourself this.... " have i ever been hired for a job by a poor man?" you tax our entrepenuers even more ( you know the people who actually take the risk to create jobs) they will take their buisness to a more friendlier atmosphere. oh guess what, china just cut corp taxes. chew on that!

of OH @ Sep 05, 2008 15:06:41 PM

How can the American people be so nieve

What a jackass, an Americans are voting for someone to mak them poorer..

john of LA @ Aug 21, 2008 23:40:25 PM

Obama more radical than Marx

Obama’s agenda of taxation one up's the world's best known redistributionist - Karl Marx. All left-leaners love the second half of Marx’s oft-quoted proclamation “to each according to his need” while conveniently short shrifting the first half “from each according his ability”. If everyone was held accountable for contributing to society to his full potential, uncompromised by addictions, academic underachievement, financial/social/personal irresponsibility then the burden of the second half would be miniscule. Even Marx did not imagine a government where underachievers and reprobates could vote themselves not only their needs but their wants from the income of the productive.

Denise of SC @ Jun 13, 2008 14:52:20 PM

Obviously there are posters here who do not understand how economics works.

Rita of TN @ Jun 11, 2008 21:20:52 PM

Obama and the stock market

Obama will cause a stock market crash! His ideas on taxation are dumb!

Besides saying in his book,"I will stand with the Muslims," he seems out to

play class warfare games. If elected he will "ruin" our country!

Jay D. of WA @ Jun 10, 2008 12:41:15 PM

what is rich, what is poor?

I've changed my thinking about "rich" people since graduating college and getting a job in the real world. People who are financially stable (rich) are, in most cases, ambitious, opportunistic, motivated, and hard-working. On the other hand, people who are very less than stable financially (poor) are, in most case, waiting for opportunities, satisfied with their current situation, have no ambition to better themselves and hard-working. Notice hard-working is a trait of both which guarantees nothing. It's all about settings goals and succeeding. So why should the "rich" get taxed even more? They build businesses, hire employees, take the risks - they should be rewarded with low capital gains tax rate. (And I use "they" because I am by no means not even close to being rich).

Jon of NC @ May 22, 2008 23:17:26 PM