BoatBanter.com - View Single Post - I will pay more in federal income taxes this year than ExxonMobil

bpuharic

On Thu, 08 Apr 2010 21:29:10 -0400, wrote:

On Thu, 08 Apr 2010 20:11:27 -0400, bpuharic wrote:

There is no surprise that stocks and dividends get special treatment.

yeah. they're owned by the rich.

Politicians take credit for a vibrant stock market.
Most of Bill Clinton's "great economy" was due to a booming market.
Even Greenspan, cheerleader for excess, called it "irrational". Some
of that was due to Clinton slashing the cap gains tax rate

and cutting the cap gains tax cut did precisely

zero

for the middle class. made the rich fantastically rich.

blew out the middle class

You seriously underestimate who owns stocks. I am far from rich and I
have always had a pretty good position in equities.
You are a fool if you don't. Has anyone ever explained how many fees
you are paying for that 401k

actually has anyone explained to you about the 50% matching and the
tax benefits? don't know of any investment that gives you 50% on your
money