Wednesday, June 29, 2011

Mention of Clinton cut to capital gains rate--Denied!

The latest casualty of Facebook censorship at PolitiFact's page:

@ Brian Conway

You want them to pay the same percentage as you on their income or on their capital gains? Because they would like to pay the same income tax as you do (lower rate!).

If you made taxation the same on all income including capital gains, then you're making investment a much riskier proposition, resulting in fewer private jobs created. Is that seriously what you want?

Remember the good ol' days with President Clinton? That guy was so good for the economy (cut the federal tax on capital gains)!

http://www.politifact.com/truth-o-meter/article/2008/apr/29/capital-gains-taxes-demystified/
Hard to see why a spam filter would catch that one, isn't it?

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