Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

beachmom

(15,239 posts)
3. Yeah, that carried interest is hopefully getting to be better known
Thu Jan 26, 2012, 02:29 PM
Jan 2012

given that some of Romney's income was taxed that way in addition to dividends also taxed at a low rate.

The truth is that Boston is a major financial district, and it's no accident that Kerry wasn't in a rush to close that loophole. I'm sort of done with the issue in terms of Kerry. He's dead wrong on it, and is beholden to special interests in Mass. on it. No other explanation works for me. I remember he also said the loophole should only be closed if it is done in the context of major tax reform. Well, I don't think that will happen. Here in deep red Georgia ruled completely by Republicans, they had a commission and were determined to pass sweeping tax reform. Well, it didn't happen -- they all chickened out, and it was revenue neutral and did the things Republicans supposedly wanted. But they couldn't do it.

Okay, so totally OT. I'm not going to do new posts on this issue, only that this is a part of the Senator's record he should not be proud of.

Edited to change language slightly

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»Retired Forums»John Kerry»I thought that name looke...»Reply #3