LOL typical.
ROmney made his money investing with firms like Bain Capital. He made businesses more efficient, bought and sold companies, expanded them, etc. We encourage investment in this country by offering CAPITAL GAINS PROFIT taxed at a lower rate.
If you make $100,000, you pay 35% in taxes= $$65000
If you take that $65000 and invest say, $10,000 in the stock market, and after a year you end up profiting $10,000, that $10,000 in PROFIT, you only pay 15% in taxes. The reason? Because your INITIAL investment ($10,000) Was already taxed at 35%, so to encourage you to INVEST that money, they say "hey, if you stick this in the stock market, you wont pay the regular 35% income tax YOU ALREADY PAID, youll pay a lower rate"
Romney lives off investing MILLIONS in the stock market and then living off the MILLIONS he makes in the stock market, which is taxed at 15%. Hes not cheating anything, hes using the law that presidents long before him and Obama passed.
FYI all you guys who are BOO HOO On investing, you realize investing helps companies GROW right? Why do you think Stock exists? You offer stock to raise capital (WHY ITS CAUSED CAPITAL GAINS).
WOrkers are free to choose what company they should work for. If you dont like your wage, change your career. I did it. I was tired of working for small businesses in the car industry being paid $8/hr, so i got out of it, STARTED MY OWN BUSINESS , Sold it and got into IT .
If you start a company, you should be able to pay yourself all you want




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