CEOs clearly understand it. About 45% of the American people understand it.
Unfortunately, unless another 5% of the American people wake up in the next four weeks, we are headed for financial Armageddon.
The choice is between a second-rate fireman and a first-class arsonist- Thomas Sowell
Yup.
Back in the primaries when it was explained to Obama that capital gains tax cuts have always led to more revenue, and capital gains tax increases have led to reduced revenue.
He completely ignored those facts and said raising the capital gains tax was a matter of fairness.
Thats not someone who is using their God given intellect. Thats someone sticking to a weak position because someone told them to.