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posted by martyb on Sunday April 07 2019, @12:19AM   Printer-friendly

April 2, 2019

Sen. Ron Wyden of Oregon, the ranking Democrat on the Senate Finance Committee, announced today that he would soon release a proposal to eliminate massive tax breaks enjoyed by the wealthy on their capital gains income. If successful, the proposal would ensure that income from wealth is taxed just like income from work.

His plan, which he has promised to flesh out in a white paper in the coming weeks, would tax the appreciation of assets owned by the very wealthy as income each year, an approach known as mark-to-market taxation. It would also subject that income to ordinary tax rates rather than special, lower income tax rates that apply to capital gains.

https://itep.org/sweeping-reform-would-tax-capital-gains-like-ordinary-income/
https://www.wsj.com/articles/top-democrat-proposes-annual-tax-on-unrealized-capital-gains-11554217383


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  • (Score: 2) by Azuma Hazuki on Sunday April 07 2019, @10:27PM (4 children)

    by Azuma Hazuki (5086) on Sunday April 07 2019, @10:27PM (#825971) Journal

    Sorry, what? I can't hear you with all the slobber and shoe polish dripping off the end of your tongue. Sounds like you're in denial of what we can all see you actively doing...? Odd.

    Also, for your future benefit: an ad hominem is when someone substitutes insults for arguments. I am *supplementing* my arguments with insults; therefore, I am not committing an ad hom, just being a Nasty Woman (TM) as usual.

    --
    I am "that girl" your mother warned you about...
    Starting Score:    1  point
    Karma-Bonus Modifier   +1  

    Total Score:   2  
  • (Score: 0, Troll) by khallow on Tuesday April 09 2019, @12:44AM (3 children)

    by khallow (3766) Subscriber Badge on Tuesday April 09 2019, @12:44AM (#826464) Journal
    I don't agree that you "see" anything.

    Also, for your future benefit: an ad hominem is when someone substitutes insults for arguments.

    Let's fix your ignorance here. An ad hominem is when someone uses an irrelevant quality or description of a person as a way to refute their arguments.

    I am *supplementing* my arguments with insults; therefore, I am not committing an ad hom, just being a Nasty Woman (TM) as usual.

    The problem is you don't have anything substantial to go with those insults.

    I find it telling that you feel the need to correct me on my imaginary accusations of ad hominems even though no one has accused anyone of ad hominems in the entire discussion! This is an example of a red herring [wikipedia.org], introducing something irrelevant to distract from the topic at hand.

    Let's face it, you're just a complete fuck up when it comes to reason or logic. It's clear that you could be otherwise - sometimes you get it and those posts are great, but well, horses and water.

    • (Score: 0, Redundant) by khallow on Tuesday April 09 2019, @12:45AM (2 children)

      by khallow (3766) Subscriber Badge on Tuesday April 09 2019, @12:45AM (#826465) Journal
      For a topical example of ad hominem, being accused of being a bootlicker - not an ad hominem. Claiming that someone's argument is wrong because they're a bootlicker - is an ad hominem.
      • (Score: 2) by Azuma Hazuki on Tuesday April 09 2019, @01:13AM (1 child)

        by Azuma Hazuki (5086) on Tuesday April 09 2019, @01:13AM (#826476) Journal

        Oh no, don't misunderstand; your arguments are wrong because history has shown them to be. You are a bootlicking traitor *on top* of being wrong. That doesn't make you any more wrong, it just makes you that much more contemptible and pathetic.

        --
        I am "that girl" your mother warned you about...
        • (Score: 1) by khallow on Tuesday April 09 2019, @02:00AM

          by khallow (3766) Subscriber Badge on Tuesday April 09 2019, @02:00AM (#826509) Journal

          Oh no, don't misunderstand; your arguments are wrong because history has shown them to be.

          The same pattern of bullshit as always. Funny how you can never ever specify an actual example of this alleged behavior.