Ready for an increase in capital gains tax?
 

Alan Reynolds of the CATO Institute, a libertarian think tank, says "we need to focus more on getting the tax base to grow - meaning wages and profits to grow - than on trying to punish people for earning too much money."


President Obama plans on pushing the capital gains tax rate from 15 to 20 percent.
http://congress.blogs.foxnews.com/20...stment-income/


What gets me about this is they think this only hurts the wealthy, but what about the less wealthy with money in stocks or other investments?

Re: Ready for an increase in capital gains tax?
 

yea a old soul ,trying to buy a few houses here and there to turn over and sell ...gonna hit them hard and i know the guy aint rich ..