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Everyone please watch this and could someone try to explain to jtem the difference between federal withholding and capital gain
JTEM:
First off, it’s a strawman. You claimed (lied) that liberals hate Romney for being rich, and I corrected you, pointed out that all sane people — liberal & conservative — hate people like Romney because they don’t pay their fair share of taxes.
Romney paid only 13% of his income in taxes, while middle class people pay just under 6% in FICA/Medicare alone, plus at least 10% (up to 28%) in income taxes.
The only reason why there’s a difference between income taxes and capital gains taxes is because they wrote the tax laws in order to CREATE a difference. Income is income is income, and we both know that, so please stop debasing yourself.
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