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View Diary: Actual Fiscal Curb Deal #'s - or - Why the angst re: $400K/$450K when the CED rates are ~600% worse? (33 comments)

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  •  Okay, can you explain this: (2+ / 0-)
    Recommended by:
    Lujane, caul

    How do you compare the new policies on capital gains, estate and dividend taxes compared, not to what was the case on 1/1/13, but what was the case on 12/31/12.  I mean, if you look at it that way it is better, right?

    "A developed country is not where the poor have cars. It's where the rich use public transportation." - Mayor of Bogota

    by Time Waits for no Woman on Wed Jan 09, 2013 at 09:42:24 AM PST

    [ Parent ]

    •  It sounds like you pretty much got it (4+ / 0-)
      Recommended by:
      Lujane, Odysseus, Aspe4, caul

      For instance, I viewed the Bush rates for people making less than $250K as pretty much a certainty to remain where they were. But I thought and hoped the CED rates had a real chance of going way way up.

      So yes, since the Bush tax cuts were set to expire as of 1/1/13, I viewed everything that was set to expire on 1/1/13 -- especially the CED rates -- as being fair game for negotiation.

      Thus, as far as I'm concerned, it didn't actually matter when the deal was passed. I would have said "That's a tax cut" on anything that lowered CED rates from what they would have reverted to on 1/1/13 based on the Bush cuts/Obama extensions thereof. It just seems like the most logical way to consider it.

      Does that make sense?

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