Income Tax Rate Dividends
Question: Why is it that tax malcontents never whine about the special treatment the wealthy get?
I see fascists and libertarians constantly whining about the (at least nominally) progressive personal income tax rates, usually on the grounds that everyone should pay the same tax rate regardless of income. If that’s true, why is it that they never whine about the preferential treatment given to corporations, and to the wealthy in the form of separate – and much lower – tax rates on capital gains and dividends? What is the reason for this rank hypocrisy?
Answer: They have been subjected to years of propaganda by experts who got rich off of their labor and now those guys are laying them off and blaming it on the government and these people are still in lock step with the people they didn’t have the common sense not to trust in the first place.
Pawlenty on McCain: ABC 09/29/08