I started writing this thread two or three days ago. It had an entirely different tone, based on a serious premise with some research and links backing it up. That thread was prompted by the question we often hear raised prompted by commentators, words to the effect what would be so outrageous many Americans would be shocked. The simple answer to that question soon appeared to me. I thought in this time of serious economical recession and the chronic refrain from politicians that there must be "shared sacrifice" with the cutting of pensions, public employees, the social safety net there were many wealthy people in the top top one percent avoiding taxes on a tremendously large scale. The simple but glaring unfairness of it all and the magnitude to which it exists I thought would be "shocking" to many, even middle-class Republicans.
Then I thought about that article I read about two years ago here I think of carried over interest. I researched it then and found out George W. Bush* had passed a provision in 2003 which further expanded carried over interest. It seemed to me to be a payback to his political supporters.
But nothing, nothing to me excuses those in the wealthiest of taxpayers dumping their responsibility and asking those truly hurting to pick up the slack. That seemed glaring. My original draft of this thread got so technical in nature, tonight I just started over with this simple hypothetical. I believe that was the right decision.
Sam