Yea, so many in the middle class own stocks n bonds (besides being in a 401k) to be able to take advantage of one of the lowest capital gains tax in modern times, give us a break.
Give you a break?
Maybe if you would read a bit, outside of retirement investments, a lot of people still own stock and they are not rich. Just because Union people don't think it is cool to invest in their own company, a lot of individuals save up or belong to 'investment clubs' or using a share building program. Let's not forget the direct reinvestment programs that seem to be popular with the middle class and you seem to forget a lot of companies offer employee stock purchases.
A lot of people saved a lot of money with the reduction in capital gains taxes because they are small investors but investors still.
As far as the house being sold, most middle claas sell there house to purchase another, which if you do it right you dont pay tax, so really the only one who benefits from a catital gains of real estate are investors, which are the ones that already have the money, the normal person may go a lifetime and use the capital gains tax once.
You seem to forget the people who worked all their lives and lived in the same house. These are the people who should not pay a dime but have been paying all along. As for those who flip houses within 4 years, they still paid any gains they made. The investors may or may not enjoy the benefit of the changes but I know a lot of union workers sure did.
And id be willing to bet if i do my research, the top bracket dropped by more the 4%, wanna bet?
Sorry Dude, you would have lost that one.
See you too need to take a class in economics and history ... maybe economic history?
Well the top bracket under clinton was 39%, the change under Bush was to 35% - I think that is 4%?
Well anywho, for you and Cheri the issue isn't making people pay their fair share as you think because that my good sir is class envy. You should be concern with things like how a senator can have an unlimited budget for their office or how they can draw a pension being public servants who are voted into their jobs. You should be concern with how taxes actually work in our economy without the lessons of some marxist in a suit with a UAW lapel pin. BUT who really cares what the CEO of GM actually makes, it does not actually cause people to be unemployed when you come down to it because there is a lot more to ALL OF IT than that simple and stupid equation that many have been convinced exists.
As for these 13, they are scum of the company and you of all people should be glad they are gone. BUT because it is an entitlement job, they will end up getting it back because of the archaic union they belong to - all the more reason not to by a Chrysler made vehicle.