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It isn't just unfair that he is paying a lower rate. It is unfair that everyone like him is paying a lower rate. Him donating money will have no effect on the u
by Aloisius 15y ago
It isn't just unfair that he is paying a lower rate. It is unfair that everyone like him is paying a lower rate. Him donating money will have no effect on the unfairness, only on his guilt.
That said, while I benefit personally from the low long term capital gains tax, carried interest is ridiculous.
- dmd149 15y agoIt seems as if people that consider the system unfair always want others to pay more. This includes wealthy people who want their own tax rates increased (Warren Buffett). They never willingly donate their own money to the government. In fact, I don't know anyone from any income group willing to donate money to the government. What is fundamentally unfair is that the government is terrible at 99% of things it tries to do. This affects everyone regardless of their tax rate.