Most mega-wealthy people don't draw hundreds of $millions in cash or income. Like Romney's 401K, he deposited a small amount of money that was invested in something that's now worth $100M ON PAPER. Or like Bill Gates, who is worth like $50B but only drew as much as a $1M salary toward the end of his tenure at Microsoft.
Development of the tax code? No. But since he wants to not just preserve, but to expand the benefits of being rich at the expense of the middle class, one can certainly blame him for favoring such things. It isn't just that he happens to be rich. Unless you think rich people are necessarily greedy pigfuckers. barfo
If I were you, I'd make a silly quip, and take my kudos from the 5th-grade crowd. Oh wait, you already did...
That's such a half-truth, that it's a conscious lie on your part. You know full well that Gates was paid in stock, still sells billions of dollars of that stock annually, and thus was paid billions per year. http://finance.yahoo.com/q/it?s=MSFT
It means that people polled who reported they were struggling to remain in the middle class (reported incomes below $50K) favor Romney 58-35%. Those who reported incomes of $100K+ favor Obama.
I know full well he was paid with worthless paper (at the start) that might best be used to wipe his ass with. When he's sold his stock, he's had to pay capital gains taxes on it. But he didn't build that, right?
Now you change the subject to what the stock was worth in the early 1980s. Irrelevant. He was paid billions per year, and by 1990, everyone knew that was the worth of his stock compensation.
Unrealized gains are not taxable. Microsoft could have gone bankrupt and his stock would have been worthless.
Why is that relevant to what I posted? I was talking about what Romney's policies would actually do. Your counter is that some people who are falling on hard times will vote to oust the incumbent? We already know people will sometimes vote against their own best interests for various reasons. Thanks for reminding us. barfo
The current policies are the ones that are broken. Those affected want real change. At least there'd be some how.
