[quote=SK in CV] It has become “conventional wisdom” among conservatives and Democrats have been, for the most part, not much better. Either accepting it or fighting weakly against it. It would be ironic if there was any significant movement to tax the rich. There just hasn’t been.[/quote]
SK… That was exactly my point….
I thought all the hand waving recently about “tax the rich more” and “rich people should pay more” and all the tax changes was really suppose to do that.
Then I see this gem of new tax lax for capital gains, and it seems like it’s once again favoring rich(er) people who derive most of their AGI from capital gains versus people who earn salary at the same AGI.
In other words, I think it’s ironic that despite all the calls and hand-waving our politicians have been saying about “tax the rich more”, they really aren’t doing anything to change much.
Where they are taxing people are not necessary “rich”, but upper income people that are just below the rich who derive most of their larger income from wages (IE doctors, lawyers,etc)…..
It’s actually quite comical imho….
Not that I mind the favorable treatments on capital gains. But it does strike me as odd that we would go through tax changes, and fundamentally it’s new bosses doing old bosses same things..