– Toan Ngo
From:
Sent: Monday, August 15, 2011 10:00 AM
To: Toan Ngo
Subject: RE: Warren Buffett: Stop coddling the super rich
I’m not so sure that the tax code favors the rich. What you are reading is the experience of a highly talented investor who knows how to manage his risk in investing. The tax code applies to all investors (smart or dumb investors). So my question to you is what is a fair capital gains tax rate for investors who take risk with their money. Or better yet, would you still want to risk in your money in this Great Recession knowing that you would end up paying close to 40% in taxes if you are fortunate enough to make money on your risk.
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