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View Diary: Low capital gains tax rate rewards the rich with no discernible benefit to the larger economy (120 comments)

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  •  Yes, you are clear. (2+ / 0-)
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    Melanie in IA, JesseCW

    I'm sure munies are dragging the rates down below 15 percent. That's a really good insight.

    I'm not an accountant, either ;-) And I tend to focus on macro issues. So, your guess is as good as mine.

    The US is the only industrialized nation where gun ownership is a right, health care is a privilege, infant mortality is on the rise, and the constitution is written to appease slave holders rather than to benefit citizens.

    by Pluto on Tue Jul 03, 2012 at 06:57:24 PM PDT

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    •  IIRC, tax-free muni-bond interest (0+ / 0-)

      is supposed to be a major driver of the alternative minimum tax (AMT)--to make sure the wealthy pay 'something'.

      "Push the button, Max!" Jack Lemmon as Professor Fate, The Great Race

      by bartcopfan on Thu Jul 05, 2012 at 10:28:19 AM PDT

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