Here is one answer: http://taxfoundation.org/blog/why-capital-gains-are-taxed-lower-rate
David Shemano -----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of Jim Devine Sent: Thursday, November 15, 2012 1:02 PM To: Progressive Economics Subject: Re: [Pen-l] Fiscal Crock raghu wrote: > Oh, it will happen. Something like this has been in the cards for a > very long time. Obama will get a nominal tax rate hike on the > millionaires to 39%, but he will leave untouched the real scandal - > the estate tax and the capital gains rate. what is the official justification for the special break that capital gains get? isn't it a matter of the "government picking winners" in the marketplace, so that it should be opposed by all conservatives and libertarians? -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
