Yay GOP

Yes, I understand how it works. I'm not really paying tax on the exact same dollar. I just feel that if I take those dollars I've labored for and put them to work in the economy, investments that can benefit our capital system but involve risk on my part, there's nothing wrong with getting a break on those earnings. Lower rates on capital gains encourages saving and investing, which is how capitalism works to all our benefit.

And the profits derived from a company utilizing your investment capital are also being taxed.

Side note:

Two aspects of a pitch toward new taxes always remain true over time (once the newness has worn off).

- Taxes sold as being temporary always become permanent.

- A tax on ‘the rich’ is always borne more heavily by the middleclass.

People continue to fall for it, so I can’t imagine the tactic will change anytime soon.
 
Poors are poor for a reason.

It isn't because they can't find work; its because their shitty behavior is the #1 hinderance in their lives as well as their spending habits running a close second. Poor people get in their own way more often than anything else making them poor.

I'm willing to bet a large portion of those receiving more money from unemployment than from when they worked, have less money than from when they earned an income.

The benefit here is that when this sham comes to an end, there are going to be a ton of toys to be bought at firesale prices from these idiots.
This has been my observation as well. I try to help them learn to make better decisions (the people I interact with through work), and in 35 plus years of trying, only one listened and became financially secure. The rest spent $15 for every $10 they earn.
 
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The rest spent $15 for every $10 they earn.
Yeah... True story: We had a little better year than expected last year, so I elected to share the “wealth” and give my team profit-sharing bonuses. The very next week one of them trades his like-new Chrysler 500 for a brand new Caddy. I’m still driving my F250... SMDH...! At least I put some of it into their 401Ks, so they couldn’t immediately squander all of it... 🙄
 
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Yeah... True story: We had a little better year than expected last year, so I elected to share the “wealth” and give my team profit-sharing bonuses. The very next week one of them trades his like-new Chrysler 500 for a brand new Caddy. I’m still driving my F250... SMDH...! At least I put some of it into their 401Ks, so they couldn’t immediately squander all of it... 🙄

Nice! What’s your business?