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View Diary: Senator Conrad echoes call to take Social Security off the table (134 comments)

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  •  Or even capital gains (17+ / 0-)

    But if you're proposing that we tax lobbying activity, excellent idea!

    "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

    by kovie on Sun Nov 18, 2012 at 02:27:39 PM PST

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    •  Tax capital gains as ordinary income (5+ / 0-)

      The arguments for a lower rate are just plain bogus.

      Asking to make it subject to FICA withholding too could be done, but can we do that later to avoid heads exploding?

      Even Democrats can be asses. Look at Rahm Emanuel.

      by Helpless on Sun Nov 18, 2012 at 04:56:39 PM PST

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      •  Whether you make your living gambling (5+ / 0-)

        in Real Estate or building houses shouldn't change what you pay in taxes.

        It's simple, and it's easy to sell.

        "the Agency continues to verify the non-diversion of declared material at these facilities and LOFs."

        by JesseCW on Sun Nov 18, 2012 at 05:33:06 PM PST

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      •  I say we press our advantage (0+ / 0-)

        We have the country behind us, we have momentum, the GOP is in freefall, and only gerrymandering, a friendly media and courts, and a stupid senate rule allow it to remain relevant. I'm not saying that we should become greedy or stupid and try to outrun our supply lines, so to speak, but we have the advantage and we should, well, take advantage of it. Why not use that powder we've been saving up already? We're not going to be in such a position forever.

        I think that for now, now that Repubs have indicated a willingness to fold on the Bush tax cuts for the rich, instead of giving them something in return, why not also take entitlements off the table, and make the negotiations over how much we spend on infrastructure and cut in defense spending, and whether we create a new uber-wealthy tax rate, and if they resist, call their fiscal conservatism bluff? This is how they'd play it if they were in our position.

        "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

        by kovie on Sun Nov 18, 2012 at 06:47:10 PM PST

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      •  Until you sell your house (1+ / 0-)
        Recommended by:
        mzbitca

        for a $20K profit after holding it for 30 years, then having to pay taxes, ss and medicare on the sale.

        We need to think this out carefully, to separate the capital gains the non-rich rely on, from the gains the rich take advantage of.

      •  That is NOT totally true. (0+ / 0-)

        Many assets have had their value increased over a number of years, often by the hard work of their owners. It is not fair for it to be taxed all in one year.

        There are quite a few situation where it would be unfair.

        Decisions to tax dividends differently at a different rate are less compelling but a lot of people would have to take a behavior altering hit.

        I'm asking you to believe. Not in my ability to bring about real change in Washington ... *I'm asking you to believe in yours.* Barack Obama

        by samddobermann on Fri Nov 23, 2012 at 09:08:23 PM PST

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