Re: McCain weighs proposal to cut taxes on investments
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Originally Posted by Mikeyy
Who'd a thunk. lower tax rates for investors, capital gains tax, dividend tax rates. Thats new? Please...  . How exactly does lowering tax rates on dividends pull the country out of the hole?
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Gee, maybe by allowing the people who create wealth (for everyone) the financial ability to create more wealth, instead of taking away from that ability?? But that actually makes sense as opposed to taking money from them with no long term benefit leading to lowered competetiveness, fewer jobs and and overall worse economy. Pretty basic commonsense kind of stuff for those of us who actually take the time to rationally think things through.
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Our nation has not always lived up to its ideals, yet those ideals have never ceased to guide us. They expose our flaws, and lead us to mend them. We are the beneficiaries of the work of the generations before us and it is each generation's responsibility to continue that work. - Laura Bush
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