You're not up on your Marxist thinking, I see - you need re-education!
Let me clarify.... Barack Obama wants to raise the capital gains tax from 15% to 28%; Nancy Pelosi wants to raise it from 15% to 25%. So she is actually advocating a 3% nominal reduction in the tax rate that Obama wants - that's a tax cut!
Remember, we don't use the current tax rates as the baseline, only what the highest potential tax rate could be!
Can you post a link to the capital gains tax you mention? Thx.
Ah crap I knew I was going to say something sometime to get myself in a re-education camp. Lasted less than two days :(
...future post later this week....
Yes we can. Yes we can. Yes we can.