Quote Originally Posted by BanginJimmy View Post
And to prove how informed you are, you dont even know what type of taxes Romney pays.


I'll give you a hint, it isnt income taxes because he didnt have any earned income.
Why so unnecessarily confrontational? I never said it was "earned income", I only said "income". Whether he has earned income or capital gains, they are both income. Form 1040 line 13 which is in the section titled "Income" says Capital Gains. I know this whole attacking semantics is fun and all but can we instead actually talk about laws that allow you to make roughly 21 million in a year and still only pay 14% of it in taxes?

Don't get me wrong, I am and will continue to use capital gains rates to pay less taxes on money that I literally didn't have to lift a finger to earn. But, just because it benefits me, doesn't mean I think it's a good policy for the country. Thank God Reagan isn't still president because he raised capital gains to 28%.