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— Warren Buffett"We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends."
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The ceiling on taxation of capital gains reflects the national belief that speculation is a more worthwhile way to make a living than work.
— Calvin Trillin
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Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.
— Michael Hudson
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