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View Diary: Money-saving Suggestions for Congress to Consider (96 comments)

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  •  Require hedge funders and (3+ / 0-)
    Recommended by:
    Calamity Jean, NoMoreLies, Lujane

    speculators to pay taxes at the point of sale, just like they do at the race track. If you win over $600 at the track, they take the taxes out of your winnings right there on the spot.

    •  Make the hedge funders and speculators (2+ / 0-)
      Recommended by:
      WheninRome, Lujane

      pay the same tax rate as on winnings at the race track, or the lottery, or at the casino. Each of those is taxed at the highest possible tax rate. To me, hedge funds, commodity speculation, and other such "investments" are simply a more sophisticated and prettied up version of PowerBall or MegaMillions, and should be treated the same as those in the tax code.

      Trickle Down Economics 101: They get the golden parachute, we get the golden shower.

      by NoMoreLies on Thu Jan 17, 2013 at 04:14:15 PM PST

      [ Parent ]

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