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	<title>Comments on: Dissent From The Majority: Obama&#8217;s Tax Proposal A Good Idea</title>
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		<title>By: dsram</title>
		<link>http://www.frontpagemag.com/2012/david-horowitz/dissent-from-the-majority-obamas-tax-proposal-a-good-idea/comment-page-1/#comment-4233522</link>
		<dc:creator><![CDATA[dsram]]></dc:creator>
		<pubDate>Mon, 04 Feb 2013 15:35:52 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=120644#comment-4233522</guid>
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		<content:encoded><![CDATA[<p><a href="http://www.phdwritingservice.com/our-services/dissertation-writing-service/" rel="nofollow">writing a phd dissertation</a><br />
I really love what Tips Tracks you have to offer here. So much that i deal with too here. This is why i like it. </p>
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		<title>By: dsram</title>
		<link>http://www.frontpagemag.com/2012/david-horowitz/dissent-from-the-majority-obamas-tax-proposal-a-good-idea/comment-page-1/#comment-4085387</link>
		<dc:creator><![CDATA[dsram]]></dc:creator>
		<pubDate>Sat, 29 Dec 2012 13:19:43 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=120644#comment-4085387</guid>
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		<title>By: dsram</title>
		<link>http://www.frontpagemag.com/2012/david-horowitz/dissent-from-the-majority-obamas-tax-proposal-a-good-idea/comment-page-1/#comment-4074097</link>
		<dc:creator><![CDATA[dsram]]></dc:creator>
		<pubDate>Wed, 26 Dec 2012 09:07:26 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=120644#comment-4074097</guid>
		<description><![CDATA[Excellent .. Amazing .. I&#8217;ll bookmark your blog and take the feeds also I feel strongly about it and love learning more on this topic. Its opportunity are so fantastic and working style so speedy. I think it may be help all of you&lt;a href=&quot;http://www.casaruralvalenciadealcantara.com/&quot; rel=&quot;nofollow&quot;&gt;casas rurales extremadura&lt;/a&gt; 
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		<title>By: dsram</title>
		<link>http://www.frontpagemag.com/2012/david-horowitz/dissent-from-the-majority-obamas-tax-proposal-a-good-idea/comment-page-1/#comment-4071281</link>
		<dc:creator><![CDATA[dsram]]></dc:creator>
		<pubDate>Tue, 25 Dec 2012 13:30:59 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=120644#comment-4071281</guid>
		<description><![CDATA[&lt;a href=&quot;http://www.hotellosgirasoles.com/&quot; rel=&quot;nofollow&quot;&gt; &lt;a href=&quot;http://www.hotellosgirasoles.com/&lt;/a&gt;&quot; target=&quot;_blank&quot;&gt;www.hotellosgirasoles.com/&lt;/a&gt;&lt;/a&gt; 
This blog is amazing and attractive due to its shared beautiful snap at the top,it is really amazing. ]]></description>
		<content:encoded><![CDATA[<p><a href="http://www.hotellosgirasoles.com/" rel="nofollow"> &lt;a href=&quot;</a><a href="http://www.hotellosgirasoles.com/" rel="nofollow">http://www.hotellosgirasoles.com/</a>&#8221; target=&#8221;_blank&#8221;&gt;www.hotellosgirasoles.com/<br />
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		<title>By: danman</title>
		<link>http://www.frontpagemag.com/2012/david-horowitz/dissent-from-the-majority-obamas-tax-proposal-a-good-idea/comment-page-1/#comment-4069494</link>
		<dc:creator><![CDATA[danman]]></dc:creator>
		<pubDate>Tue, 25 Dec 2012 00:37:05 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=120644#comment-4069494</guid>
		<description><![CDATA[i cant believe this guy became re-elected! the new fiscall cliff speech he gave was just a joke and in no way is going to help us or our economy. the next upcoming 4 years is going to be a roller coaster &lt;a href=&quot;http://superbetaprostates.com/&quot; rel=&quot;nofollow&quot;&gt;http://superbetaprostates.com/&lt;/a&gt; ]]></description>
		<content:encoded><![CDATA[<p>i cant believe this guy became re-elected! the new fiscall cliff speech he gave was just a joke and in no way is going to help us or our economy. the next upcoming 4 years is going to be a roller coaster <a href="http://superbetaprostates.com/" rel="nofollow">http://superbetaprostates.com/</a> </p>
]]></content:encoded>
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		<title>By: dietas saludables</title>
		<link>http://www.frontpagemag.com/2012/david-horowitz/dissent-from-the-majority-obamas-tax-proposal-a-good-idea/comment-page-1/#comment-3937134</link>
		<dc:creator><![CDATA[dietas saludables]]></dc:creator>
		<pubDate>Tue, 20 Nov 2012 08:21:12 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=120644#comment-3937134</guid>
		<description><![CDATA[This is a very piece of content. It is confusing how they handled to take off something like that. Keep up the great perform.  &lt;a href=&quot;http://dietasmauri.com/&quot; rel=&quot;nofollow&quot;&gt;http://dietasmauri.com/&lt;/a&gt; ]]></description>
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		<title>By: seo consultancy</title>
		<link>http://www.frontpagemag.com/2012/david-horowitz/dissent-from-the-majority-obamas-tax-proposal-a-good-idea/comment-page-1/#comment-3911185</link>
		<dc:creator><![CDATA[seo consultancy]]></dc:creator>
		<pubDate>Fri, 16 Nov 2012 10:28:05 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=120644#comment-3911185</guid>
		<description><![CDATA[Great article, I think everything is good here. 
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		<content:encoded><![CDATA[<p>Great article, I think everything is good here.<br />
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		<title>By: watermelonbeast</title>
		<link>http://www.frontpagemag.com/2012/david-horowitz/dissent-from-the-majority-obamas-tax-proposal-a-good-idea/comment-page-1/#comment-3898362</link>
		<dc:creator><![CDATA[watermelonbeast]]></dc:creator>
		<pubDate>Wed, 14 Nov 2012 14:48:13 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=120644#comment-3898362</guid>
		<description><![CDATA[My understanding is that &quot;carried interest&quot; is allowing a hedge fund manager to be paid by being granted a larger share of the partnership interest in the funds they manage as opposed to being paid directly in cash.  So overtime they accumulate a larger percentage interest in the funds they manage and reap capital gains and dividend from the interest they have in the fund just like other investors/partners.  Unfortunately, many family farms are organized and managed as legal entities in exactly the same fashion.  It allows family farms to be passed to the next generation by allowing the next generation to  be paid in shares of the patnership rather than cash.  Otherwise many family farms could not be passed to the next generation without losing them to estate taxes.  It is an equal protection argument that allows all partnerships to be treat the same way.  I am not a lawyer, but going down the road of changing the way partnerships can operate by what type of business they are in can create huge unintended consequences and really politicize the tax code. ]]></description>
		<content:encoded><![CDATA[<p>My understanding is that &quot;carried interest&quot; is allowing a hedge fund manager to be paid by being granted a larger share of the partnership interest in the funds they manage as opposed to being paid directly in cash.  So overtime they accumulate a larger percentage interest in the funds they manage and reap capital gains and dividend from the interest they have in the fund just like other investors/partners.  Unfortunately, many family farms are organized and managed as legal entities in exactly the same fashion.  It allows family farms to be passed to the next generation by allowing the next generation to  be paid in shares of the patnership rather than cash.  Otherwise many family farms could not be passed to the next generation without losing them to estate taxes.  It is an equal protection argument that allows all partnerships to be treat the same way.  I am not a lawyer, but going down the road of changing the way partnerships can operate by what type of business they are in can create huge unintended consequences and really politicize the tax code. </p>
]]></content:encoded>
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		<title>By: buy logos</title>
		<link>http://www.frontpagemag.com/2012/david-horowitz/dissent-from-the-majority-obamas-tax-proposal-a-good-idea/comment-page-1/#comment-3846629</link>
		<dc:creator><![CDATA[buy logos]]></dc:creator>
		<pubDate>Thu, 08 Nov 2012 07:24:29 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=120644#comment-3846629</guid>
		<description><![CDATA[I like  and enjoyed reading it&#039;s really a good  and very information for me thanks for me sharing ideas with us through this site. 
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		<content:encoded><![CDATA[<p>I like  and enjoyed reading it&#039;s really a good  and very information for me thanks for me sharing ideas with us through this site. </p>
]]></content:encoded>
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		<title>By: send gifts UK</title>
		<link>http://www.frontpagemag.com/2012/david-horowitz/dissent-from-the-majority-obamas-tax-proposal-a-good-idea/comment-page-1/#comment-3267272</link>
		<dc:creator><![CDATA[send gifts UK]]></dc:creator>
		<pubDate>Fri, 22 Jun 2012 11:18:05 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=120644#comment-3267272</guid>
		<description><![CDATA[This article is something that will help me with my class assignment. It helped me to better understand another aspect of this topic. Thanks.  ]]></description>
		<content:encoded><![CDATA[<p>This article is something that will help me with my class assignment. It helped me to better understand another aspect of this topic. Thanks.  </p>
]]></content:encoded>
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		<title>By: Judahlevi</title>
		<link>http://www.frontpagemag.com/2012/david-horowitz/dissent-from-the-majority-obamas-tax-proposal-a-good-idea/comment-page-1/#comment-2260667</link>
		<dc:creator><![CDATA[Judahlevi]]></dc:creator>
		<pubDate>Mon, 30 Jan 2012 03:40:45 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=120644#comment-2260667</guid>
		<description><![CDATA[David, as with all questions you start buildling from a basic premise.  If you advocate for higher taxes for anyone, you need to justify that the government needs more tax revenue.  You are agreeing with Obama that he needs more money to spend.   
 
I disagree.  It is government over-spending which is why we have the problems we do.  The government has enough money, it needs to reduce its spending, not increase it.  Giving Obama more money on this will not solve anything.  Forcing him to spend less by not raising any taxes, or reducing them, is a better solution.   ]]></description>
		<content:encoded><![CDATA[<p>David, as with all questions you start buildling from a basic premise.  If you advocate for higher taxes for anyone, you need to justify that the government needs more tax revenue.  You are agreeing with Obama that he needs more money to spend.   </p>
<p>I disagree.  It is government over-spending which is why we have the problems we do.  The government has enough money, it needs to reduce its spending, not increase it.  Giving Obama more money on this will not solve anything.  Forcing him to spend less by not raising any taxes, or reducing them, is a better solution.   </p>
]]></content:encoded>
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		<title>By: Linda Liben</title>
		<link>http://www.frontpagemag.com/2012/david-horowitz/dissent-from-the-majority-obamas-tax-proposal-a-good-idea/comment-page-1/#comment-2259564</link>
		<dc:creator><![CDATA[Linda Liben]]></dc:creator>
		<pubDate>Sun, 29 Jan 2012 23:40:45 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=120644#comment-2259564</guid>
		<description><![CDATA[&quot;Obama and congressional democrats have shown every intention to use new taxes as a justification for further spending in their wasteful votes for handouts schemes.&quot; 
 
I have to agree. Obama already has the money cut from military spending,spent for nation building. What does that mean - more union, government beuracracy and green jobs?  
  ]]></description>
		<content:encoded><![CDATA[<p>&quot;Obama and congressional democrats have shown every intention to use new taxes as a justification for further spending in their wasteful votes for handouts schemes.&quot; </p>
<p>I have to agree. Obama already has the money cut from military spending,spent for nation building. What does that mean &#8211; more union, government beuracracy and green jobs?  </p>
]]></content:encoded>
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		<title>By: Flowerknife_us</title>
		<link>http://www.frontpagemag.com/2012/david-horowitz/dissent-from-the-majority-obamas-tax-proposal-a-good-idea/comment-page-1/#comment-2256085</link>
		<dc:creator><![CDATA[Flowerknife_us]]></dc:creator>
		<pubDate>Sun, 29 Jan 2012 13:26:06 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=120644#comment-2256085</guid>
		<description><![CDATA[Mitt already taxes himself an additional 15%. ]]></description>
		<content:encoded><![CDATA[<p>Mitt already taxes himself an additional 15%. </p>
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		<title>By: sidefillip</title>
		<link>http://www.frontpagemag.com/2012/david-horowitz/dissent-from-the-majority-obamas-tax-proposal-a-good-idea/comment-page-1/#comment-2254700</link>
		<dc:creator><![CDATA[sidefillip]]></dc:creator>
		<pubDate>Sun, 29 Jan 2012 08:02:35 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=120644#comment-2254700</guid>
		<description><![CDATA[Maybe the tax proposal needs to be made progressive as well. So small potato can keep most of their investment income while rich people can contribute to the society. ]]></description>
		<content:encoded><![CDATA[<p>Maybe the tax proposal needs to be made progressive as well. So small potato can keep most of their investment income while rich people can contribute to the society. </p>
]]></content:encoded>
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		<title>By: hajid</title>
		<link>http://www.frontpagemag.com/2012/david-horowitz/dissent-from-the-majority-obamas-tax-proposal-a-good-idea/comment-page-1/#comment-2254681</link>
		<dc:creator><![CDATA[hajid]]></dc:creator>
		<pubDate>Sun, 29 Jan 2012 07:58:16 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=120644#comment-2254681</guid>
		<description><![CDATA[If Mitt pays the corporate tax, he is using the company for investment. After the company paid the tax, the rest (ie. 21 mil) is distributed to him, and he needs to pay 15%. 
 
I don&#039;t think the company has only one person (Mitt), if that&#039;s the case, I believe there&#039;s other organization structure that can reduce the tax rate and he is smart enough to utilize it. Everyone in the investment business is meant to make money, not charity. ]]></description>
		<content:encoded><![CDATA[<p>If Mitt pays the corporate tax, he is using the company for investment. After the company paid the tax, the rest (ie. 21 mil) is distributed to him, and he needs to pay 15%. </p>
<p>I don&#039;t think the company has only one person (Mitt), if that&#039;s the case, I believe there&#039;s other organization structure that can reduce the tax rate and he is smart enough to utilize it. Everyone in the investment business is meant to make money, not charity. </p>
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		<title>By: Walt O&#039;Brien</title>
		<link>http://www.frontpagemag.com/2012/david-horowitz/dissent-from-the-majority-obamas-tax-proposal-a-good-idea/comment-page-1/#comment-2253439</link>
		<dc:creator><![CDATA[Walt O&#039;Brien]]></dc:creator>
		<pubDate>Sun, 29 Jan 2012 04:43:16 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=120644#comment-2253439</guid>
		<description><![CDATA[100 G&#039;s is 50 bucks an hour which is what a plumber rightfully makes.  A dispatcher with the longshoremen&#039;s union does a much tougher job if he is working out of a weighstation dockside or at a roll-on/roll-off terminal.  The work is bonded for omissions and errors to the tune of $10 million and up and a typical dispatcher schedules and does the paperwork  for as many as 50 trucks, 20-50 dockside traincars, and as many TEU&#039;s per day any human being could stand plus 50%.  Every day.  I worked as a non-union bonded port weighmaster for Nicholson Terminal and Dock in River Rouge for a season while at college and the workload a dispatcher carries on his or her shoulders is staggering. 
 
No one got bent out of shape when Kennedy ran, and he makes Mitt look like an also-ran adjusted for inflation.  FDR married into Eleanor Delano&#039;s grandfather&#039;s China opium trade fortune and nothing was made of that.  Ever hear of Nelson Rockefeller?  He took a shot at President once, too, and not a word was said about his personal wealth being looted by the American masses as a precondition for being &quot;clean enough&quot; to be President.   ]]></description>
		<content:encoded><![CDATA[<p>100 G&#039;s is 50 bucks an hour which is what a plumber rightfully makes.  A dispatcher with the longshoremen&#039;s union does a much tougher job if he is working out of a weighstation dockside or at a roll-on/roll-off terminal.  The work is bonded for omissions and errors to the tune of $10 million and up and a typical dispatcher schedules and does the paperwork  for as many as 50 trucks, 20-50 dockside traincars, and as many TEU&#039;s per day any human being could stand plus 50%.  Every day.  I worked as a non-union bonded port weighmaster for Nicholson Terminal and Dock in River Rouge for a season while at college and the workload a dispatcher carries on his or her shoulders is staggering. </p>
<p>No one got bent out of shape when Kennedy ran, and he makes Mitt look like an also-ran adjusted for inflation.  FDR married into Eleanor Delano&#039;s grandfather&#039;s China opium trade fortune and nothing was made of that.  Ever hear of Nelson Rockefeller?  He took a shot at President once, too, and not a word was said about his personal wealth being looted by the American masses as a precondition for being &quot;clean enough&quot; to be President.   </p>
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		<title>By: Dave M</title>
		<link>http://www.frontpagemag.com/2012/david-horowitz/dissent-from-the-majority-obamas-tax-proposal-a-good-idea/comment-page-1/#comment-2252627</link>
		<dc:creator><![CDATA[Dave M]]></dc:creator>
		<pubDate>Sun, 29 Jan 2012 02:20:18 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=120644#comment-2252627</guid>
		<description><![CDATA[A company will only appreciate in value if it is expected by the market to be profitable at some point.  If it does become profitable it will pay tax and the anticipation of paying those taxes will reduce its value.  As a result gain to seller of the stock will be reduced by those anticipated taxes.  If the company does not ultimately become profitable the value of its stock will fall and the seller will have a capital loss that can only offset capital gains; therefore he can only benefit at 15%.  That is why people relate the two.      ]]></description>
		<content:encoded><![CDATA[<p>A company will only appreciate in value if it is expected by the market to be profitable at some point.  If it does become profitable it will pay tax and the anticipation of paying those taxes will reduce its value.  As a result gain to seller of the stock will be reduced by those anticipated taxes.  If the company does not ultimately become profitable the value of its stock will fall and the seller will have a capital loss that can only offset capital gains; therefore he can only benefit at 15%.  That is why people relate the two.      </p>
]]></content:encoded>
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		<title>By: Dave</title>
		<link>http://www.frontpagemag.com/2012/david-horowitz/dissent-from-the-majority-obamas-tax-proposal-a-good-idea/comment-page-1/#comment-2252552</link>
		<dc:creator><![CDATA[Dave]]></dc:creator>
		<pubDate>Sun, 29 Jan 2012 02:07:58 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=120644#comment-2252552</guid>
		<description><![CDATA[Why do so many usually right thinking people, like Mr Horowitz, approach this from the left&#039;s narrative when asking whether we should raise rates from 15%?  Instead we should be pushing the counter argument to lower all the rates, corporate and individual, to 15%. ]]></description>
		<content:encoded><![CDATA[<p>Why do so many usually right thinking people, like Mr Horowitz, approach this from the left&#039;s narrative when asking whether we should raise rates from 15%?  Instead we should be pushing the counter argument to lower all the rates, corporate and individual, to 15%. </p>
]]></content:encoded>
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		<title>By: Eric</title>
		<link>http://www.frontpagemag.com/2012/david-horowitz/dissent-from-the-majority-obamas-tax-proposal-a-good-idea/comment-page-1/#comment-2238175</link>
		<dc:creator><![CDATA[Eric]]></dc:creator>
		<pubDate>Fri, 27 Jan 2012 05:48:09 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=120644#comment-2238175</guid>
		<description><![CDATA[I think Mr. Horowitz raises an interesting point, but so do many of the commentators who take the opposite position. I think it is important to distinguish between the issue of how carried interests should be taxed and Pres. Obama&#039;s proposal, which as Mr. Horowitz&#039;s comment clarified, is a minimum tax on people earning over $1 milllion per year. Since a portion (likely a large portion in the case of the very wealthy) of that income consists of capital gains (i.e., returns on investment of money or property), this new minimum tax would increase the tax rate on some portion (possibly a substantial portion, but I would like to see the research on that point) of capital gains in the U.S., which could have a negative impact on the level of investment and growth in the U.S. economy. That is very different from a decision to treat money received in respect of a carried interest as ordinary income, which makes sense.  A carried interest is something received on account of effort, not on account of an injection of capital, so it resembles a salary more than it resembles a capital gain. I realize that effort can be seen as an investment of human capital, but returns on human capital have always been treated as ordinary income. A salaried employee who goes to work every business day in return for a paycheck is effectively being paid a return on his human capital, and that is taxed at the tax rate for income, not the generally lower rate at which capital gains are taxed.  
 
I think these points merit further discussion and I commend Mr. Horowitz, FrontPage and the commentators for exposing a range of informed opinions.  ]]></description>
		<content:encoded><![CDATA[<p>I think Mr. Horowitz raises an interesting point, but so do many of the commentators who take the opposite position. I think it is important to distinguish between the issue of how carried interests should be taxed and Pres. Obama&#039;s proposal, which as Mr. Horowitz&#039;s comment clarified, is a minimum tax on people earning over $1 milllion per year. Since a portion (likely a large portion in the case of the very wealthy) of that income consists of capital gains (i.e., returns on investment of money or property), this new minimum tax would increase the tax rate on some portion (possibly a substantial portion, but I would like to see the research on that point) of capital gains in the U.S., which could have a negative impact on the level of investment and growth in the U.S. economy. That is very different from a decision to treat money received in respect of a carried interest as ordinary income, which makes sense.  A carried interest is something received on account of effort, not on account of an injection of capital, so it resembles a salary more than it resembles a capital gain. I realize that effort can be seen as an investment of human capital, but returns on human capital have always been treated as ordinary income. A salaried employee who goes to work every business day in return for a paycheck is effectively being paid a return on his human capital, and that is taxed at the tax rate for income, not the generally lower rate at which capital gains are taxed.  </p>
<p>I think these points merit further discussion and I commend Mr. Horowitz, FrontPage and the commentators for exposing a range of informed opinions.  </p>
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		<title>By: ebonystone</title>
		<link>http://www.frontpagemag.com/2012/david-horowitz/dissent-from-the-majority-obamas-tax-proposal-a-good-idea/comment-page-1/#comment-2236232</link>
		<dc:creator><![CDATA[ebonystone]]></dc:creator>
		<pubDate>Thu, 26 Jan 2012 23:55:25 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=120644#comment-2236232</guid>
		<description><![CDATA[Glad you pointed that out, David.  If you hadn&#039;t, I was going to. 
I think I could go along with your proposal as long as the higher rate didn&#039;t kick in until after a certain (fairly large) minimum had been reached.  Thus people would still be encouraged to save and invest, and the incomes of retirees would be protected. Here&#039;s my version:  for an individual return, the first $50,000/yr would be tax-free, the next $50,000 taxed at the 15% rate, and everything over $100,000 at the 30% rate.  Higher cut-off points would apply for heads of households and married-filing-jointly.  Municipal bond interest would remain tax-free. ]]></description>
		<content:encoded><![CDATA[<p>Glad you pointed that out, David.  If you hadn&#039;t, I was going to.<br />
I think I could go along with your proposal as long as the higher rate didn&#039;t kick in until after a certain (fairly large) minimum had been reached.  Thus people would still be encouraged to save and invest, and the incomes of retirees would be protected. Here&#039;s my version:  for an individual return, the first $50,000/yr would be tax-free, the next $50,000 taxed at the 15% rate, and everything over $100,000 at the 30% rate.  Higher cut-off points would apply for heads of households and married-filing-jointly.  Municipal bond interest would remain tax-free. </p>
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