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View Diary: The Lie Behind Capital Gains Tax Rates (41 comments)

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  •  And by the way, even if it worked, (3+ / 0-)
    Recommended by:
    AuroraDawn, G2geek, elwior

    and it doesn't, how the hell do you figure out where you are on the curve?  It seems to me that we have been trotting along under the false impression that we are on the part of the curve that coincides with decreasing revenues as tax rates increase.  The evidence would tell us that because revenues decreased as we lowered tax rates, we were on a different part of the curve.  Or that G.H.W. Bush was right in the first place.

    I do not feel obligated to believe that the same God who has endowed us with sense, reason, and intellect has intended us to forgo their use -- Galileo Galilei

    by ccyd on Tue Sep 25, 2012 at 02:24:07 AM PDT

    [ Parent ]

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