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Monday, May 3, 2010

Get rid of the Capital Gains Tax, just abolish the Sucker



New from Dan Mitchell, Senior Fellow for the Cato Institute

The correct capital gains tax rate is zero because there should be no double taxation of income that is saved and invested.

1 Bloviations:

Gary said...

Yes. Abolish it.

Hello Republican Party. Are you an OPPOSITION PARTY or simply a branch of the Democrat National Committee? If you are anything like an opposition party maybe one of your hacks can find the time to introduce a bill.

I know that is asking a lot to draft a bill that might actually do something. But give it a try.