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Random Thoughts

Pat1392 Wrote: Jun 20, 2012 11:07 PM
Mitt should just suggest raising taxes on capital gains from 15% to 18% for those taking out more than 250K. This would give Obama one less thing to harp about and Mitt could say it is a 20% raise in taxes on the rich.
Mark1369 Wrote: Jun 21, 2012 10:29 AM
You are right that it would counter Obama's "tax the rich" mantra .

The problem of wealthy people earning their income as capital gains but being taxed at the lower earned income is a reason we need tax reform that replaces the income tax with the Fair Tax. It would also give us the bonus of getting rid of the IRS.

Random thoughts on the passing scene:

Many people may have voted for Barack Obama in 2008 because of his charisma. But anyone familiar with the disastrous track record of charismatic political leaders around the world in the 20th century should have run for the hills when they encountered a politician with charisma.

What is scarier than any particular political policy or issue is the widespread tendency to treat political issues as personal contests in talking points -- competitive skill in fencing with words -- rather than as serious attempts to find out what the facts are and what the options are.