Current Events — HabitableZone

Current Events » in reply to Re: Note that his system taxes capital gains, just as normal income.

You might be right. I am finding nothing specific on it either way.

In either case, it's not important. At least five of the Republican candidates are talking about eliminating that tax.

This is how things work, Eri. A nation becomes wealthy when people can make money in it. Period. For example, we had a surplus in 2000 because a hell of a lot of people were getting very rich and selling a hell of a lot of stock.

You will not make this nation work by punishing people who make money.

See if you can figure out a pattern here:

http://www.willisms.com/archives/capitalgainshistory.gif


P.S. if you don't like that chart, look up another one from any source you like. They all show the same thing.

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