Quote from Mercor:
This incentive is to get investors to take risks. You may pay only 15% taxes, but you also may lose your original investment.
Under a salary, there no risk of original capital.
I agree both salary and capital gains should be 15%
Its brutally unfair that George Bush pays his friend/owner of blackwater 1,000 a day for a blackwater soldier fighting in Iraq while a regular soldier makes only 200.00 a day
You must believe that it would be proper for US soldiers to offer private security services for corporate and wealthy executives. The Democrats already hate executives. Anyways, most of the Blackwater are ex-soldiers. Both jobs are volunteer.
Its Brutally unfair that Halliburton is making hundreds of billions of dollars off this Iraq war while soldiers coming home cant get the care they need[/QUOTE]
Do you want the US army to build highways, schools, infrastructure, pipelines. The Army has said many times that there are few companies that can handle these projects in war zones. I suppose we could invite the Russians and Iran to do the job. [/QUOTE]
1.A money manger who gets a % of profits can file his gains as capital gains,although he had no risk.There are many other loop holes such as these Obama is trying to put a end to
2.Why does The US need to to build highways, schools, infrastructure, pipelines etc in Iraq ?Maybe because Bush destroyed them so that US taxpayers have to pay haliburten hundreds of billions to rebuild them .
3.Maybe the corporate and wealthy (haliburten)executives should pay for their own blackwater bodyguards while roaming the streets making estimates on how many billions they are going to charge the tax payer for their next project