On 7/17/2011 9:41 PM, Pete C. wrote:
> From irs.gov, it appears that the capital gains tax rate is 28%, so your
> claim of the rich paying 15% is way off.

General Electric made $5.1 BILLION dollars and paid no taxes. LOTS of
companies pay no taxes:

http://blogs.suntimes.com/sweet/2011...s_avoidin.html

http://www.businessinsider.com/16-mo...n-taxes-2011-3

Why is it that the right wing complains about "those people on welfare"
but would never think about closing tax loopholes for Big Business or
Big Oil.... or farm subsidies?

George L