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by ajross
5157 days ago
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Exactly! So a very broad increase in tax on all (!) investments by all (!) high income individuals becomes a "tax on entrepreneurs", because the specifics don't seem so scary unless you make it sound like it hurts something important. Here's the snopes page on that very tax: http://www.snopes.com/politics/taxes/realestate.asp Amusingly, the spin it's trying to fight is that it's a tax on "home buyers". Apparently the "entrepreneurs" angle is a new one. It's a tax. Is it a bad one? Dunno, I think on balance an increase in the capital gains rate (which is sort of what this is) gated on income level isn't a bad way to raise that revenue. You have a different suggestion? |
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