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<blockquote data-quote="vantexan" data-source="post: 1033729" data-attributes="member: 24302"><p>Romney pays such low rates because he's paying long term capital gains on investments as opposed to regular income tax. He's also shelling out millions in charitable contributions annually also. Hilton inherited most of her wealth. Kardashian is one of the fortunate few who makes great money because of a combination of who's she's related to plus her looks. I'm talking about honest, hard working people who started a business and took risks and put in long hours. Or who developed an expertise that companies are willing to pay well for. The push is on to say that they don't deserve much beyond a certain amount and they should surrender most of their income beyond that amount. Which is an indication that the government is running out of funding sources for it's various programs(primarily because the huge debt load requires a lot of money just to pay the interest). So now the successful are expected to chip in. This will kill entrepreneurship and stifle innovation. And certainly won't create jobs. To have a thriving middle class we must have the opportunity to do well. And certainly the wealthy that control large corporations aren't helping by suppressing wages. The middle class is getting squeezed on several fronts.</p></blockquote><p></p>
[QUOTE="vantexan, post: 1033729, member: 24302"] Romney pays such low rates because he's paying long term capital gains on investments as opposed to regular income tax. He's also shelling out millions in charitable contributions annually also. Hilton inherited most of her wealth. Kardashian is one of the fortunate few who makes great money because of a combination of who's she's related to plus her looks. I'm talking about honest, hard working people who started a business and took risks and put in long hours. Or who developed an expertise that companies are willing to pay well for. The push is on to say that they don't deserve much beyond a certain amount and they should surrender most of their income beyond that amount. Which is an indication that the government is running out of funding sources for it's various programs(primarily because the huge debt load requires a lot of money just to pay the interest). So now the successful are expected to chip in. This will kill entrepreneurship and stifle innovation. And certainly won't create jobs. To have a thriving middle class we must have the opportunity to do well. And certainly the wealthy that control large corporations aren't helping by suppressing wages. The middle class is getting squeezed on several fronts. [/QUOTE]
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