Join Date: Jan 2003
Feedback Score: 0 reviews
You are an old fart!!
Yup, he sure does.
But only 49% as much as McCain.
Like me!! Us old farts have long term capital investments. As is now you are only taxed 15% on the gains of your long term investments. Under Obama he will double that (under the guise he is only taxing the rich) to 30%.
If you do or will rely on long term investments including 401K's, or even your house, your taxes will double because YOU ARE RICH and NEED TO BE PUNISHED!
That is a fact!
If you are over the $102,000 a year income your $7,500 a year SSI tax cap will go on for ever. I realize you are an employee not employer/employee, but if you were owner and employee like many small business owners in the USA, you are paying 15% SSI but when you retire you don't get double!
Obama is waging class warfare, with your RR pension and CSX salary you are rich, he's after you!
Too much junk/toys to mention, ever changing due to too getting bored too quickly. I need a 10 step program!
Want to call? I'm in the book. Want to argue....First explain the square root of negative one....lol