Obama's plan to raise taxes for the wealthy?

It's not fair, and here's why. The reason Buffet and others like him pay less is because they are taxed based on Capital Gains, which caps out at 15%. You qualify for Capital gains by investing and risking your money.

You might have a big gain. You might wind up losing it all! The rest of us, don't risk a damn thing.

We just work and collect our paychecks. But the gov't taxes Capital gains less, because it wants to encourage people to risk / invest their money to help the economy grow. You think a lot of rich people will take those risks knowing they'll have to fork over 40% of their profits?

Some will. But many won't.

I would go with a flat rate for everyone - the rich, the poor, and the middle class Even if you triple or quadruple Buffet's tax, that is only (assuming you are correct in saying he paid $7 million) $14-$21 million more. That barely makes a dent in the deficit.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.