The economic impact of a doubling of the investment tax rate is just
theoretical? Sorry, but the economy doesn't operate inside of a spreadsheet. Dramatic changes like that have real world impacts. If you're just saying let the "smart people" in congress figure it out... OK... but the cavalier, "double the tax rate on investments and don't worry about the economic impact because the average person doesn't pay that rate" is precisely the naive attitude of politicians on the left that have no clue how the economy works and makes me cringe at the thought of a blue wave, as much as I want Trump-ism defeated.
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In response to this post by Seattle .Hoo)
Posted: 08/10/2020 at 12:26PM