WOW! AWESOME ROMNEY WOULD NOT TAX CAPITAL GAINS AND INVESTMENT INCOME
Romney in the last debate revealed he would eliminate tax on interest, dividends, and capital gains. What a tax savings for investors. Romney’s plan would let households earning less than $200,000 a year collect capital gains, dividends and interest tax-free. That would encourage more Americans to build cash nest eggs and to own stocks and bonds above and beyond their retirement plans.
While this would exempt the first 200K of income, I'm unsure if this only applies to earned income or if it includes income from all sources like muni bonds, etc. If you'll let me keep all my capital gains because my income is under 200K, well let me sign up for it, but the question remains how do we pay the budget debt down while exempting taxable income? Over 60% of our budget goes to the military/industrial complex, can we at least have a conversation about reducing the Dept of Defense budget?
Spamming teatard alert...posted this same thing on 64 boards in the last 2 hours...get a job...or is spamming for Romney your job?
And learn to do math! Just how would we pay for this? You'd probably believe anyone who promises you riches for nothing...I can forward you an email from got a Nigerian princess in temporary financial distress who'd love to hear from you!