Comments on: Pelosi Bill Has a 69% Capital Gains Tax Hike

By: Neil H.

Neil H. — Mon, 16 Nov 2009 23:42:04 +0000

What’s truly bizarre about this is that most of the members of Congress are millionaires. And Nancy Pelosi is really rich. Do you suppose they are getting special tax breaks the rest of us don’t know about?

By: Health Care BS - A TAX BILL DISGUISED AS A HEALTH BILL

Health Care BS - A TAX BILL DISGUISED AS A HEALTH BILL — Sat, 14 Nov 2009 04:32:22 +0000

[...] worst policy imaginable when we already have double-digit unemployment. Ironically, as John Goodman points out, it will REDUCE revenue to the [...]

By: Larry C.

Larry C. — Fri, 13 Nov 2009 17:41:38 +0000

The left wing of the Democratic Party has always believed in taxing capital. It’s as though they dedicate their lives to refuting economic theory.

By: Joe S.

Joe S. — Fri, 13 Nov 2009 16:41:18 +0000

There is nothing worse than taxing capital to pay for consumption. And in this case, we are talking about very wasteful consumption.

By: Ken

Ken — Fri, 13 Nov 2009 16:37:56 +0000

It seems like we have always been on the wrong side of the Laffer Curve when it comes to capital gains. Higher cap gains tax rates cause less revenue for the Treasury and vice versa.