The tax rate on working class people is much higher than the tax rate in financial speculation. Is the our Government actually making it more attractive to speculate/gamble than actually work hard for a living.
Politics - 2 Answers
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1 :
you ask too many questions. just do your work
2 :
We've lumped retired people in with hedge fund managers for taxing purposes. If you point out that the current structure of the Capital Gains tax means billionaires pay 17%, they'll hide behind the retirees who live off their mutual funds and say "You can't raises taxes on the elderly!"