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Old 11-08-2012, 05:08 PM   #179
RedBlackAttack
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Default Re: GOP Butthurt Thread

Quote:
Originally Posted by Scoooter
You don't want to entirely do away with the preferential capital gains tax, but raising it to a point wouldn't hurt enact a prohibitive barrier to investment.
The whole model needs to be restructured. You have huge companies funneling management fees -- which should be taxed at the top marginal tax rate of 35% -- through their investment funds so that they look like capital gains and thus avoid the regular tax rate.

It has become a massive loophole for the very rich and there should be a real debate about what to do with it going forward.
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