Good afternoon to you Mr. Horse...

Capital gains are made from money that's already been taxed.

yes... and we can say that for pretty much everything we invest our money in that was taxed when we earned it and then had to pay tax when we spent it.

Let's say you made an extra 100K, which of course you'd have to pay taxes on, then you invested the money. The government taxes the capital gains you make off your investment at 15% or so. Your overall effective tax rate winds up being probably around 30 to 35%. Sound like coddling to you?

So by the accounting method you are using, the third time that money is turned over it is around 50% and so on, shortly it would be 100%, there seems to be a glitch somewhere as there continues to be money to reinvest.. Every investment stands alone in as far as taxes are concerned and yes it sounds like coddling to me, as I said before, just because we have to tolerate it does not make it right.

Now if Mr. Obama and the Dems jack up the capital gains tax rate to say 30%, you probably wouldn't invest the 100k back into the U.S. economy would you? What do you think happens to the economy after you and hundreds of thousands more of you evil rich people stop investing in it?

Now were back to the same thing, we have to tolerate (coddle) to the rich so they will continue to invest their wealth, just because we have to do it does not make it right.

Believing the class warfare load of garbage the President is selling is silly. A perfect example was the government's big crack down on the yacht industry a few years back. The outcry was let's tax the hell out of those rich fat cats' million dollar yachts...so they did.

Care to guess what happened? No more yacht makers or yacht making jobs here. They moved offshore. Now rich people buy their yachts from some other country, and the U.S. government gets zilch in taxes from that industry. Worked out real good for us common folk didn't it?

Seems to be more of the same, special treatment or they won't invest their money.

Look, I'm no big sympathizer of the rich, they danged well should pay their fair share. Newsflash: THEY ALREADY DO! High earners already pay 70% of the taxes in America.

I don't disagree, most folks who have two brain cells to rub together realize that the lions share of the taxes are paid by the richest of us but by that same token they also make the lions share of the income and no they do not pay their fair share of the taxes as their fair share would be the same percentage of their income as you and I pay, well, maybe not so much me anymore since I retired my tax percentage has gone down.