[moonshot925]

Good.

The capital gains tax punishes those who chose to save and invest.

Eliminating the capital gains tax would lead to a faster growing economy, more saving, more investment, more entrepreneurship and more job creation.

[mnehring]

Good.
Money invested has already been taxed prior as income tax. It is taking a risk to help an investment grow. Removing capital gains would be a great benefit.

[Sacajaweau]

@13.9...he paid 2.9 million....

Yes....Romney is a selfish man....the government deserves more so they can pass it to the union folks?? The pharmacy folks...the kill the babies folks...the gay folks???

And in the meantime we get nothing for our money....someone else gets our money.

[Steely Tom]

How much does Paul Geithner pay under his plan?

[ammomajor]

I’m willing to bet the author of this piece would really like some cheese (probably French) to go with his whine. I was going to call him a loser but I will settle for just pathetic.

[arista]

Good.

Corporate income is already taxed at 35% a the corporate level. Taxing capital gains (and dividends for that matter) is simply double taxation and should be eliminated.

In case you are wondering, the same is not true of regular wages. Wages are considered a cost to corporations. Costs are subtracted from revenues to calculate profits and it is profits that get taxed. So wages are already only taxed once.

[Tex-Con-Man]

I'm not worried about Ryan being able to explain why this is a good idea...it's Romney I'm worried about. They both need to be unapologetic capitalism cheerleaders.

[Jacquerie]

I’d almost wager some blogs to FR get more hits than TA gets in paid circulation.

[Gator113]

Good.

Next.... I don’t give a damn what Romney pays in taxes, I care about what I am forced to pay.

[Iron Munro]

Except for the money necessary for defense of the country and a few other constitutional responsibilities, I begrudge the federal government every penny they extort from taxpayers.

The more money they extort, the more they pervert the constitution, the more they bloat themselves and everything they touch, and the more they push us into socialism.

[E. Pluribus Unum]

The private sector is where sustainable jobs are created, jobs that actually add to the GDP.

Jobs created by the public sector from tax revenue are unsustainable, meaning they actually reduce GDP.

For every public-sector job created, three private-sector jobs are destroyed.

Plus, a confiscatory graduated income tax is plank number x of the Communist Manifesto.

The Ten Planks of Karl Marx's Communist Manifesto
(and How Statists Implement Them)

1. Abolition of private property rights (via high property taxes, restrictive zoning laws, "fair housing" edicts, environmental and "wetlands" regulations, and UN Agenda 21)

2. Institution of a heavily graduated income tax (by calling it "taxing the rich")

3. Abolition of all rights of inheritance (through a confiscatory estate tax on "the rich")

4. Confiscation of the property of enemies of the state (through lawless application of asset forfeiture and eminent domain)

5. Centralization of credit into the hands of the state (Federal Reserve, Federal Trade Commission, TARP, etc.)

6. Centralization of the means of communication and transportation into the hands of the state (FCC, DOT, FEMA, etc.).

7. Consolidation and subjugation of all major industries to central government control (EPA, OSHA, ICC, NLRB, EEOC, etc.)

8. Mandatory labor union membership (public-sector unions, automatic withholding of forced union dues, "card check," etc.)

9. Equitable redistribution of all wealth (TANF, SSI, EITC, SNAP, etc.)

10. Free public education (and food and health care and cell phones and Internet access, etc.)

[fish hawk]

So Romney, as president, would sign it? LOL yeah, right.

[Just mythoughts]

Obviously this vulture did not agree with the first patriots that dump English Tea because of ‘taxation without representation’. God only required 10% on a person's profits.

Since taxation is viewed by the lazy thieving liberals as the answer to our domestic security, why is it NOT one of them will produce their own tax records so we can see how generous they are?

[spodefly]

Not that it matters to Atlantic readers, who are so intellectually curious and Progressive, but the plan quoted is not the current plan.

Either way, I am sure the typical Atlantic reader wants anyone that saves and invests to be taxed into oblivion because the government needs the money more than the people that earn it.

[Ms Mable]

Envy makes people ugly and takes years from their life.

[TribalPrincess2U]

Good.

[SoFloFreeper]

Awesome!! Think how many JOBS would be created if that money were working in the MARKETPLACE instead of going to the moronic bureaucrats in Washington, D.C.!!

[diamond6]

This article is just another ultra-liberal outrageous lie.

I have some swamp land with gold underneath it in the Sahara Desert I want you all to buy.

[DPMD]

Wonder if O’Brien has an accountant?

And, if he loves taxes, why he has one?

[dalebert]

well i think eveyone is going to have to get a little more realistic, dont you?

[jwalsh07]

And this is bad how? His income has already been taxed. The government has already squandered that and trillions more and the only thing they have produced is generational welfare. Romney and every other American can spend their own money more productively and with more value added than any government anywhere.