Anyone watch the Dem debate?
That's some scary talk, right there. I'm kind of hoping one of them wins just to show the world how messed up their ideology is.
Charlie GIbson asked Obama (and Clinton) if when LOWERING the Capital gains tax historically has INCREASED tax revenue, then why would he consider RAISING the income tax and risk LOWERING federal income. Obama actually suggestion that he would rather (and I am paraphrasing) raise capital gains tax on the rich (those evil rich) to make it more fair, than keep it low to generate more tax revenue.
Now that's some freakin' genius economics if I've ever heard any.
Oh yeah, and it's nice to see the media FINALLY accepting the premise that lowering taxes WORKS. I wonder if they will remember this in the general debates. Bets anyone?
Charlie GIbson asked Obama (and Clinton) if when LOWERING the Capital gains tax historically has INCREASED tax revenue, then why would he consider RAISING the income tax and risk LOWERING federal income. Obama actually suggestion that he would rather (and I am paraphrasing) raise capital gains tax on the rich (those evil rich) to make it more fair, than keep it low to generate more tax revenue.
Now that's some freakin' genius economics if I've ever heard any.
Oh yeah, and it's nice to see the media FINALLY accepting the premise that lowering taxes WORKS. I wonder if they will remember this in the general debates. Bets anyone?
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