View Single Post
Old 01-26-2012, 08:37 AM   #120
Papa_Complex
Nomadic Tribesman
 
Papa_Complex's Avatar
 
Join Date: Nov 2008
Location: Brampton, Canada
Moto: '09 ER-6n
Posts: 11,150
Default

Quote:
Originally Posted by EpyonXero View Post
This isnt interest from something Romney purchased in the past with his own money, this a cut of the profits from his companys earnings thats he is paid in compensation for work he did, in other words a salary. He only pays tax on it one time and its 15%.
Then it's a loophole that really needs to be closed; take a $100K salary and then $20M in stocks. It should be a taxable benefit, with investment style taxation after the initial hit.
__________________
"Everything's better with pirates." - Lodge, "Dorkness Rising"

http://www.morallyambiguous.net/
Papa_Complex is offline   Reply With Quote