One of the dumbest justifications I have ever seen in opposition to increasing the capital gains tax.
Blog post: Let’s not raise the capital gains tax
Article: Raising the Capital Gains Tax Would Be Un-American
"First and foremost, any system of taxation is about values. And a much higher rate of capital taxation would undermine some of America’s core values."
Well,... I think a core value is that people need to work hard to get ahead so.... let's cut the tax rates on labor. damn..
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