Precisely. This country would never have been the economic engine it is without investment of capital over a long period of time. The capital gains tax rate has everything to do with the original investment decision. The Commie Rats are working overtime to destroy capital through high taxation (tax rates, high capital gains taxes, estate taxes), exploding regulatory compliance costs and inflation. I am about to start referring to local Democrats as Communists to their faces.
The past election demonstrates the terrible effect on American youth-conditioned like so many Pavlovian dogs, to betray the heritage that made their good lives--up until now--possible.
The coming awakening here--when it does in fact come--will be a rather frightening prospect for a great many "useful idiots."
William Flax