Alan Reynolds of the CATO Institute, a libertarian think tank, says "we need to focus more on getting the tax base to grow - meaning wages and profits to grow - than on trying to punish people for earning too much money."
President Obama plans on pushing the capital gains tax rate from 15 to 20 percent.
http://congress.blogs.foxnews.com/20...stment-income/
What gets me about this is they think this only hurts the wealthy, but what about the less wealthy with money in stocks or other investments?
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