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View Diary: Bill Kristol predicts Republicans will cave on Bush tax cuts for wealthy (63 comments)

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  •  To people who don't work, and only make money (3+ / 0-)
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    itsjim, kovie, michaeloberg

    off of their huge piles of money, raising the tax rates on earned income is amusing. Not that I am against raising income taxes, I think we should raise them all back to the Clinton era model.

    But, we also need to raise capital gains

    "If you don't sin, then Jesus died for nothing!" (on a sign at a Mardi Gras parade in New Orleans)

    by ranger995 on Tue Nov 13, 2012 at 01:55:32 PM PST

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    •  True. (1+ / 0-)
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      If you actually have earned income, you're just not rich enough.

      I feel like I'm taking crazy pills!

      by itsjim on Tue Nov 13, 2012 at 02:25:45 PM PST

      [ Parent ]

    •  Certain kinds of capital gains (1+ / 0-)
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      E.g. short-term, speculative, above a certain amount, etc. I.e. the kind that rich people and/or traders tend to make, often with adverse consequences for the economy. It would not only generate lots of extra revenue, but discourage some bad financial activity.

      "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

      by kovie on Tue Nov 13, 2012 at 03:08:50 PM PST

      [ Parent ]

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