tag:blogger.com,1999:blog-7895164153505105997.post2310455729990749024..comments2024-01-17T00:45:37.075-08:00Comments on Bud Meyers: 50 and Unemployed: A Rock and a Hard PlaceBud Meyershttp://www.blogger.com/profile/02065020063363023395noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7895164153505105997.post-53917649211042604912012-12-18T09:59:29.279-08:002012-12-18T09:59:29.279-08:00As an aside: Obama doesn’t have to “compromise” at...As an aside: Obama doesn’t have to “compromise” at all on a deal with the GOP on taxes...the people have already spoken.<br /><br />Capital gains and dividends should be taxed at the regular marginal tax rates. Why do those on the Forbes Fortune 400 List get such a better tax deal then everyone else?<br /><br />And when we cash out our 401ks and union pensions, even though our funds are invested in stocks, WE have to pay the marginal tax rates according to our annual income.<br /><br />And why not eliminate the CAP on Social Security taxes entirely? The wealthy live longer, collect more, and collect much longer than everyone else does.<br /><br />And why not tax “investment income” for Social Security and Medicare taxes, just like everyone else who has to pay this tax on 100% of their “regular” wages?<br /><br />The tax system is rigged for the wealthy, and always has been.Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.com