tag:blogger.com,1999:blog-7895164153505105997.post3619139088408227810..comments2024-01-17T00:45:37.075-08:00Comments on Bud Meyers: You Pay Hidden Entitlements for the RichBud Meyershttp://www.blogger.com/profile/02065020063363023395noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7895164153505105997.post-19095350781651210912011-11-29T16:16:00.758-08:002011-11-29T16:16:00.758-08:00Almost 70% of all capital gains taxes are paid by ...Almost 70% of all capital gains taxes are paid by the top 1%<br /><br />A week after hinting he may raise the capital gains tax, Jon Huntsman proposed eliminating it altogether.<br /><br />http://thinkprogress.org/economy/2011/08/31/308914/a-week-after-hinting-he-may-raise-capital-gains-tax-huntsman-proposes-eliminati<br />ng-it-altogether/Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.comtag:blogger.com,1999:blog-7895164153505105997.post-7462730302315969762011-11-28T15:15:16.596-08:002011-11-28T15:15:16.596-08:00CEOs only “earn” bonuses when their company “perfo...CEOs only “earn” bonuses when their company “performs.” One measure of that performance: “earnings per share,” or company income divided by outstanding shares of stock. Execs have figured out they don't have to boost earnings to hit their per-share targets. They simply reduce the number of company shares — by having their companies “buy back” shares of their own stock off the open market. U.S. corporations overall have so far this year authorized $445 billion worth of buybacks.Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.comtag:blogger.com,1999:blog-7895164153505105997.post-13006727165845149962011-11-23T19:33:27.588-08:002011-11-23T19:33:27.588-08:00The tax brackets and income tax rates could remain...The tax brackets and income tax rates could remain the same, just tax all capital gains and dividends as regular income.<br /><br />For corporations, the tax bracket could be lower but only if ALL loopholes were eliminated, so they pay the ACTUAL tax rate, and not an "EFFECTIVE RATE".Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.comtag:blogger.com,1999:blog-7895164153505105997.post-3609532346118935252011-11-22T22:14:17.237-08:002011-11-22T22:14:17.237-08:00Short list of Republican and Tea Party millionaire...Short list of Republican and Tea Party millionaires who are pushing for lower capital gains taxes:<br /><br />Bill O'Reilly, Paul Ryan, Sean Hannity, Eric Cantor, Glenn Beck, Rick Santorum, Rupert Murdoch, the Koch bothers, Michele Bachmann, Paul Rand, Nikki Haley, Sarah Palin, Karl Rove, Grover Norquist, Rush Limbaugh, Newt Gingrich, Herman Cain & Mitt Romney.Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.comtag:blogger.com,1999:blog-7895164153505105997.post-27556100695347262662011-11-22T22:09:32.828-08:002011-11-22T22:09:32.828-08:00And with Herman Cain's 9-9-9 Plan, it will low...And with Herman Cain's 9-9-9 Plan, it will lower the capital gains tax rate again (which is already historically low at 15% since the Bush tax cuts in 2003). The capital gains tax rate under Cain's plan would be an astounding low of only 9%.<br /><br />And Newt Gingrich (and others) are pushing for this tax rate to be ZERO!!!!Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.com