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matmar

(593 posts) Thu Feb 2, 2012, 04:42 PM Feb 2012

Using Romney logic on double taxation.....

The RW uses as justification for the low rates for capital gains the excuse of double taxation.

The corporation already paid taxes on that money that I received as dividends, they say. Therefore I should pay less.

I would ask of these people if they think Social Security recipients should pay the same rate as capital gains, their money was "double taxed" as well?

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Using Romney logic on double taxation..... (Original Post) matmar Feb 2012 OP

if my meager savings account left is right Feb 2012 #1

left is right

(1,665 posts)

1. if my meager savings account

Reply to matmar (Original post)

Thu Feb 2, 2012, 06:02 PM

Feb 2012

ever had enough in it to earn interest, I would have to pay taxes on it (or at least I did the last time that happened. My savings account is funded by any wages that is left over after all the withholdings are taken out. Why isn’t that considered double taxation?

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