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Reply #15: Capital Gains Stupidity [View All]

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Taeger Donating Member (914 posts) Send PM | Profile | Ignore Mon Feb-09-04 03:46 PM
Response to Reply #12
15. Capital Gains Stupidity
The capital gains tax cut during the Clinton years probably raised revenue as well.

Really, how is that ????? Capital gains taxes are on PROFIT from investments.

So your suggesting that if people are taxed a little more on their investment, THEY'LL REFUSE THE PROFIT.

Are you a fucking mad hatter or just overexposed to propoganda.

If you wan't the BEST explanation of this supply side drivel, watch the roof scene from "The Shawshank Redemtion". The guard was bitching up a storm because he Inherited a LOT of money (in those times). But the government is going to tax him on it.

So in his fucked up world, it's BAD to receive money because he'll be taxed. Somehow he'll be WORSE off than if he didn't get the money at all. BTW, great performance by Clancy Brown. He is AWESOME in "Carnivale".

It absolutely amazes me that people who CLAIM to be champions of the free market understand NOTHING about it. The understanding is ZERO or NOTHING about it.

It's all a lie cooked up by clever people at think-tanks.

TAX THE RICH!!!!!




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