I cringe when I hear the rhetoric about the Buffett rule in today’s politics or when I hear about job creation through tax breaks to the major corporations.
I’m afraid our politicians have forgotten the heartbeat of capitalism—entrepreneurship.
I’m guilty; the vast majority of my “ill-gotten gains” have been subject to the infamous Capital Gains Tax. Last year I made a significant sum and was taxed at 15% (at the federal level). What did I do to earn such a luxury? Here’s the laundry list…