In response to:

Fighting the Last War

Nobodys_Thom Wrote: Apr 12, 2012 9:54 AM

Bush was never "prochoice". Ann actually is making sense on the endless "lowering taxes always increases revenue" song. If that were so we would eventually be at a zero tax rate and maximized revenue. Sorry, that's asinine. Lowering CAPITAL GAINS taxes after a period when they have been VERY HIGH causes people to cash in lots of trades that have been hanging out there. However, they next year and the next those sales aren't THERE anymore. sorry, Charlie. Rush was screaming for a lower rate on property taxes awhile back, insisting that revenues would skyrocket. HOW?? Eh?? there MIGHT be a small increase in building homes, but 99 percent of property taxes are on already existing homes. THIMK.

Join the Debate!

All comments and users are subject to Townhall's new comments policy.

RepubRob2 Wrote: Apr 12, 2012 9:58 AM

That isn't the only reason a low capital gains rate makes sense. It also fosters the formation of capital, and incentivizes the investment in new infrastructure and technology.

Flag as Offensive

Post Comment

Read Full Story

Fighting the Last War

In a fast-changing world, a common mistake is to keep fighting the last war.

For example, why would Republicans support sending more troops to Afghanistan, when that war was long over, or helping topple Moammar Gadhafi, who had become an ally in the war on terrorism? Some Republicans seem to support all military deployments just out of habit.

For years after the 9/11 terrorist attack on America, Democrats hysterically bemoaned any military action, especially in Iraq. They claimed to have many precious objections, but the truth was, they thought we deserved the attack -- or at best, both sides were at...

Related Tags: 2012 Election Afghanistan Mitt Romney GOP primary War