[quote=CA renter]And “capitalists” who speculate on commodities, stocks, bonds, etc., and house flippers, etc. are “hard workers”???[/quote]
You lose all credibility with this comment. Typical Dem who has a low financial IQ & has the poor mans mindset of how all the rich are evil. Flippers work their butts off and are entrepreneurs that take risks and help fix up neighborhoods and renovate houses to make a profit. But you wouldn’t get something like that. Maybe if you posted a little less on this board and hustled a little and got out there and started a business you might make over $250k and get the privilege of paying most of the bills in this country as you get skinned alive with income taxes. And you might also learn a little about S Corps and how passive income is taxed vs. w-2 income, and why Romney and others with high financial IQ’s pay 13% tax rate as they are incentivized to by the U.S. tax code.
These comments remind me of my dad and sisters who are far left and clueless about ecomomics or business and hate those “evil rich people” making over $250k who start companies create jobs, research cancer, perform heart surgeries in ER’s, etc… All they know is to go out and get their w-2 wage slave jobs and “rail” against those evil rich and vote for politicians to tax them more. Why not? It’s not them that have to pay all this extra shit like prop 30 and Obama Care. It’s those evil rich people making over $250k that have to shoulder it.
