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starbucks4ever (97.75)

My suggestion for the GOP

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September 23, 2010 – Comments (4)

I'll be very brief. There are two thesises we learned from you during this election campaign: a) The unbalanced budget is the absolute evil and b) Taxes on the upper 2% is also the absolute evil. There is a natural way out of this difficulty that solves the contentious Bush tax cut issue once and for all while avoiding both these evils: repeal the tax cuts for everyone except the upper 2%. It may sound like a tough decision, but when you think of it, it won't alienate any voters except those who don't vote for you anyway. Just say the word, Mr. Boehner! 

4 Comments – Post Your Own

#1) On September 24, 2010 at 3:35 AM, bluebare (32.96) wrote:

All glory to The HypnoToad.

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#2) On September 24, 2010 at 8:55 AM, russiangambit (29.33) wrote:

Somehow they manage to spin tax cuts on captial gains and dividends as tax cuts on small businesses. The only small business for which it is actually true are the hedge funds, You mom&pop bakery or auto mechanic couldnt' care less about capital gains tax.

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#3) On September 24, 2010 at 10:15 AM, starbucks4ever (97.75) wrote:

The idea is that you will open a small business, earn let's say $1 million, invest it in the stock market, and get the real reward for your business talent in the way of dividends. The million dollars itself is chump change and not enough reason to bother starting a business, but when you invest it in stocks - wow, that's when the real excitement starts! By taxing cap gains at 15% we'll give you the motivation you need to keep that grocery stand open. Or so the argument goes. True, they don't explain to you how to earn that $1 million from your small business, but who cares about such trifling details?

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#4) On September 25, 2010 at 12:02 AM, sawchain (< 20) wrote:

Anyone suggesting the government should pillage his neighbor, well...isn't much of a neighbor.

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