Do you think any Republican administration (especially this prospective one) would ever raise capital gains taxes by any significant amount?
The smart way to keep people passive and obedient is to strictly limit the spectrum of opinion, but allow very lively debate within that spectrum--Noam Chomsky
Do you think any Republican administration (especially this prospective one) would ever raise capital gains taxes by any significant amount?
I think they could be treated as ordinary income if marginal rates were reduced in accordance with the Bowles Simpson and/or Ryan tax plans. Obama, on the other hand, is not interested in comprehensive tax reform but only symbolic soak the rich proposals that have no chance of passing Congress, so there is no chance of anything substantive occurring if he gets a second term.
"The distinctive mark of the Christian, today more than ever, must be love for the poor, the weak, the suffering." Pope John Paul II
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Originally Posted by Showman
