Politics, Science, and Religion.
And sometimes intersections among them
Thursday, May 03, 2012
Capital gains and taxes
Does cutting taxes on capital gains really help the economy? Nope. No correlation. Whatever else lower taxes on capital gains do, they don't create economic growth. That's been proven. Let's move on now.
I believe that tax cuts for the rich hurt our economy by increasing the gap between the rich and the poor. They hurt the average American Consumer by making him poorer and thus less able to buy products. The tax cuts proposed by Cathy McMorris Rodgers are part of the problem.
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I believe that tax cuts for the rich hurt our economy by increasing the gap between the rich and the poor. They hurt the average American Consumer by making him poorer and thus less able to buy products. The tax cuts proposed by Cathy McMorris Rodgers are part of the problem.
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