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In reply to the discussion: Obama Is Flexible On Highest Tax Rates [View all]1StrongBlackMan
(31,849 posts)78. Yep ...
President Obama has already talked about raising the CG and Dividend Tax rates.
Now prepare for the "But what about all the elderly depending on CG and Dividend income to survive" melt-down.
Could this open the door for a progressive CG and Dividend taxation model, like we see in the "WORKED FOR IT" income tax model?
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On the top earners, income is easily manipulated..think Romney's last taxes.
msanthrope
Nov 2012
#21
Under the fiscal cliff, capital gains goes to 20%. Obama's FYI 2013 asks for a capital gains
msanthrope
Nov 2012
#53
It won't hurt anybody to go back to 20% cap gains and dividents as ordinary income
BlueStreak
Nov 2012
#88
It's pretty smart, actually...think Mitt Romney's taxes where he manipulated his income
msanthrope
Nov 2012
#25
Perhaps not. Capital gains are a relatively a small fraction federal tax receipts
mostlyconfused
Nov 2012
#57
Your first link is empty, and to a site called "The Motley Fool." Your next link is to a FY 2007
msanthrope
Nov 2012
#59
Your claim that taxes should not be raised on the 1% because it won't "solve the problem" is a RW
msanthrope
Nov 2012
#67
Oh, I think I'm reading you just right. The argument that taxing the 1% isn't enough, therefore why
msanthrope
Nov 2012
#71
Not at all. Let me repeat...I have not once said don't raise taxes on the 1%. Do it. Do it now.
mostlyconfused
Nov 2012
#76
"I think a lot of us have underestimated how little impact even a much more progressive and
msanthrope
Nov 2012
#79
Investment income, including dividends and Cap Gains, differs fundamentally from ordinary
24601
Nov 2012
#85
Interesting facts from another DU thread about those poor rich folks...
FailureToCommunicate
Nov 2012
#9
Your concern is noted. Please feel free to share more of your concerns and enjoy your stay. nt
msanthrope
Nov 2012
#14
Maybe if he gives them what they want they will be grateful and work with him.
Kablooie
Nov 2012
#12
Your concern is noted. Please feel free to share more of your concerns and enjoy your stay. nt
msanthrope
Nov 2012
#27
The thing is, the HoR has no leverage at this point. None. So we hold fast and
msanthrope
Nov 2012
#55
They don't have a veto-proof majority. And the President has already told them they are getting
msanthrope
Nov 2012
#62
Progressives Increasingly Confident That Obama Won’t Cave On Fiscal Cliff Deal
ProSense
Nov 2012
#38
I'd accept not increasing tax rates if it meant that we'd decimate our defense budget
Victor_c3
Nov 2012
#58
What happened to fairness and shared sacrifice? It's time the rich ante up. The rich own the most.
RickFromMN
Nov 2012
#75
Has anyone else notice his flexibility always has the same bias as a Diebold BBV machine?
Vincardog
Nov 2012
#77
At least we will get good, progressive Supreme Court nominees. Oh wait. Never mind.
RickFromMN
Nov 2012
#87
Why do I get this feeling in the pit of my stomach that Democrats are about to ...
markpkessinger
Nov 2012
#91
did he decide this at lunch with his new pal Rmoney while promising to keep in touch?
Alamuti Lotus
Nov 2012
#110