i don't think it's the wrong word.
A rational actor will invest whether the capital gains tax rate is the same as personal income or if it's lower.
I don't like the idea of staggering based on when you invested. That discourages liquidity and retards the efficient allocation of capital.
Why Millions of Americans Feel Like They Have No Power
Re: Why Millions of Americans Feel Like They Have No Power
by John Galt » Tue May 05, 2015 4:02 pm
Americans learn only from catastrophe and not from experience. -- Theodore Roosevelt
My life has become a single, ongoing revelation that I haven’t been cynical enough.
My life has become a single, ongoing revelation that I haven’t been cynical enough.
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Re: Why Millions of Americans Feel Like They Have No Power
by Libertarian602 » Tue May 05, 2015 9:24 pm
Nothing like reading Krugman or Brooks to get your skin crawling.
“Liberty has not only enemies which it conquers, but perfidious friends, who rob the fruits of its victories: Absolute democracy, socialism.”
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Re: Why Millions of Americans Feel Like They Have No Power
by wormwood » Tue May 05, 2015 10:12 pm
For among other evils which being unarmed brings you, it causes you to be despised
-Nicolo Machiavelli
-Nicolo Machiavelli
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wormwood - Congressman
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Re: Why Millions of Americans Feel Like They Have No Power
by wormwood » Thu May 07, 2015 12:17 am
For among other evils which being unarmed brings you, it causes you to be despised
-Nicolo Machiavelli
-Nicolo Machiavelli
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Re: Why Millions of Americans Feel Like They Have No Power
by exploited » Thu May 07, 2015 5:39 am
Class tickle fight is the best alternative by far.
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