anonymous Wrote:
Dec 05, 2012 7:53 AM
Tax capital gains as ordinary income and goodbye revenue problem. Rich bastards (like Buffett) can claim $1 dollar as their income for years and years and never pay more in taxes. Yet they make multi millions in capital gains (taxed at a much lower rate). This is why Buffett is ready to raise nominal tax rates (they won't affect him one iota).