In response to:

The Chevy Volt: One Part Social Security, Two Parts Postal Service

Free Man3 Wrote: Sep 30, 2012 11:24 AM
Ericynot asked why capital gains should not be taxed at the same rate as all other income. Taxing away Capital Gains sounds like a “fair” thing to do unless you realize that what you are taxing away is Capital for future private sector investment in the economy. (That investment can be both in facilities and machinery that create jobs, and in consumer goods that require jobs to produce and to maintain. Yachts, private aircraft, BMWs, and garage elevators don’t build and maintain themselves. People with jobs do the building and maintaining.) Out here in flyover country we see taxing away capital as being akin to eating a bigger part of the seed corn stock while sitting with a dopy cross-eyed look on the face trying to figure out why there a
Free Man3 Wrote: Sep 30, 2012 11:25 AM
Continued: Out here in flyover country we see taxing away capital as being akin to eating a bigger part of the seed corn stock while sitting with a dopy cross-eyed look on the face trying to figure out why there are fewer acres of corn planted each year.

Georgia Boy wrote: Actually, President Obama has not raised taxes on anybody, but I think he will raise taxes on the wealthiest (back to historic levels) when he gets his second term. That said, Ransom is just another Rat-wing speculation, pretty much full of bovine manure. -France’s “No Limit” Tax Perfect for Zero

Dear Comrade Boy Georgia,

You’re right about Obama wanting to bring taxes to historic levels, although like most liberals you don’t understand what you are saying. Still, rest assured, if you did understand what you said about taxes at historic levels, you’d be for that too.

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