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To: LibLieSlayer
More details here: http://www.daytondailynews.com/news/dayton-news/ohio-sees-sharp-drop-in-number-of-millionaires-1277179.html

So when taxable net gains fell to $263 billion in 2009 from $912 billion in 2007, the highest income earners were disproportionately impacted, according to IRS data.

“The amount of capital gains in the aggregate dropped a lot, and those are heavily received by high-income people,” Nunns said.


...the highest income earners were disproportionately impacted, according to IRS data.

The fact based on IRS data is the very people 0bama and Dems. try to demonize were the ones who were disproportionally impacted. Considering what they want to do with 'capital gains,' the IRS facts don't support it on the whole. In fact the facts reveal it is counter-intuitive.

8 posted on 11/01/2011 4:29:23 AM PDT by EBH (God Humbles Nations, Leaders, and Peoples before He uses them for His Purpose)
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To: EBH
Taking more of other people's money is always a losing agenda... it destroys everything when it becomes punitive.

LLS

13 posted on 11/01/2011 6:33:37 AM PDT by LibLieSlayer ("Americans are hungry to feel once again a sense of mission and greatness." Ronaldo Magnus)
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