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To: Ohioan
It is not a place to necessarily look for an immediate link. The damage is long-term. For assets held a long time, what happens is that there is an actual confiscation of Capital, itself;

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.

19 posted on 11/28/2012 1:03:11 PM PST by RatRipper (Self-centeredness, greed, envy, deceit and lawless corruption has killed this once great nation.)
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To: RatRipper
Further to your point, we all hoped that when Communism collapsed in Eastern Europe, the American Left would see the point, and desist; but they never missed a stroke. In the event, it turned out that the largest group who appear to have actually believed the premises of Marxist Communism, were in American Universities.

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

24 posted on 11/29/2012 11:54:58 AM PST by Ohioan
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