Thanks as always for the education. BTW my thought was that the Cap Gains
would be combined with income and cap out as it does now. And the cap should only be lifted if a) the benefits are lifted as well in the same proportion as current payouts and b) it led to an overall reduction in rates e.g. 6.2% EE share to 5.2% (income and Cap Gains) just for the sake of putting a #.
And just to clarify, in no way did I mean in combo with Bernie's other plans, or even the existing tax structure. I don't disregard the Laffer curve at all, and think we're already in a dangerous area on the top end. Sticking it to the "rich" may be effective populist politics and win you votes, but it's very dangerous policy.
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In response to this post by BocaHoo91)
Posted: 02/18/2016 at 8:08PM