The Soapbox

BocaHoo91

Joined: 06/03/2005 Posts: 31154
Likes: 52676


While I agree with your general sentiment, there does need to


be a level of "fairness" in the tax code. Take carried interest I have no issue with hedge fund guys making 8 figures+, and I have no problem with them getting to "keep more of their money", but I do have a problem with the gov't letting them keep 76% of their money when the gov't only let's me keep 58% of mine.

I don't know what this provision ultimately means for huge real estate developers, but if it allows them to pay a significantly lower rate than me, I don't like it not from the standpoint that I think the gov't is automatically entitled to their money, but if the gov't is going to tax citizens, they shouldn't tax provide such egregious preferential tax treatment for super rich.
[Post edited by BocaHoo91 at 12/16/2017 10:24AM]

(In response to this post by TomKazanski)

Posted: 12/16/2017 at 10:17AM



+2

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Last minute change on pass-through income for real -- Seattle .Hoo 12/16/2017 02:32AM
  Almost all of my clients will. ** -- psychobilly 12/16/2017 5:22PM
  True. ** -- Hokieesith 12/16/2017 12:05PM
  Let's see his taxes and find out how much. -- CobhamHoo 12/16/2017 11:33AM
  Are you saying from -- VaTechie 12/16/2017 11:32AM
  That article isn’t worth reading. ** -- Hokieesith 12/16/2017 08:25AM
  Oh, it's quite worth reading -- NJHoo 12/16/2017 10:22AM
  Only people writing the bill are getting this benefit? -- Hokieesith 12/16/2017 10:37AM
  Donald, is that you? MAGA! ** -- TomGlansAski 12/16/2017 09:41AM
  Green eye shades vs. Green-eyed ** -- TpkeHoo 12/16/2017 08:40AM
  Who determines what is “too much”? ** -- Hokie5150 12/16/2017 08:22AM
  Oh the horror, letting people keep more of what they make -- TomKazanski 12/16/2017 09:05AM
  What’s disgusting? Explain in detail. ** -- Hokieesith 12/16/2017 08:27AM
  Detail? ha. ** -- hoothat 12/16/2017 4:47PM

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