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fuagf

04/01/21 9:21 AM

#369083 RE: stock_observer_77 #369038

stock_observer_77, "What experts?" Try a dictionary. A stupider question would be hard to find.

Ebola and Obama have zilch to do with now, still since you went to use that as a 2nd distraction in two short statements

Trump tweets about Obama, coronavirus and Ebola reveal hypocrisy of his crisis response

There is no place for partisan game playing in a public health crisis. Trump didn't understand that truth in 2014 — and he still doesn't understand it now.

March 10, 2020, 7:30 PM AEDT
By Kurt Bardella, former House Oversight Committee spokesperson

[...]

"For one of the first times in his presidency, Trump is confronted by an adversary that won't be defeated by his repertoire of slights, jabs and lies."

https://www.nbcnews.com/think/opinion/trump-tweets-about-obama-coronavirus-ebola-reveal-hypocrisy-his-crisis-ncna1153666

As for tax, well there again you spout talking point grabs and nothing else

100% Then and now - Actually, it was Democrats who killed the 70 percent tax

[...]

BUT TIMES HAVE changed, and tax rates are much lower today. There is no evidence .. https://www.cbpp.org/research/raising-todays-low-capital-gains-tax-rates-could-promote-economic-efficiency-and-fairness?fa=view&id=3837 .. that rates as low as today’s stimulate investment or benefit the economy, which means that lower capital gains tax rates are costing the government money. Nearly three-quarters .. https://www.taxpolicycenter.org/model-estimates/individual-income-tax-expenditures-april-2017/t17-0137-tax-benefit-preferential .. of capital gains tax is paid by the top 1 percent of Americans, so treating capital gains as ordinary income (and closing related loopholes such as for carried interest and the “stepped up basis”) would meet the progressive goal of preferentially taxing the rich. These aren’t radical or new ideas: economists who study the capital gains tax have long argued .. https://www.amazon.com/Labyrinth-Capital-Gains-Tax-Policy/dp/0815712707 .. in favor of equalizing the rates, and it has even been done before—by Ronald Reagan, in the tax reform law of 1986.

Pushing the capital gains tax modestly upward might not have the same emotional appeal to progressives as raising the top tax rate to a theatrical number like 70 percent, but it is critical to generating revenue. Estimating exactly how much revenue this would produce is difficult, because it depends on how successful the wealthy are at hiding their capital gains in other ways. But for comparison, Ocasio-Cortez’s suggestion would produce around $70 billion per year if there is no income shifting, around 2 percent of tax revenue; based on figures .. https://www.cbo.gov/system/files?file=2018-12/54667-budgetoptions.pdf .. from the non-partisan Congressional Budget Office, taxing capital gains as ordinary income would raise a similar amount. And implementing both proposals together — taxing capital gains as ordinary income and raising the top rates — would make Ocasio-Cortez’s proposal lose much less revenue from income shifting. It still would not produce a European-style welfare state, because European welfare states are financed by heavy taxes on workers. But this plan could produce an additional 4 percent of tax revenue — enough to make a down payment on a Green New Deal, or to allow more Americans to buy into Medicare.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160770805

Repeat as long as relevance exists: Your continued support of Trump sets you apart from the conservatives who did once, but since have become honest to themselves.
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fuagf

04/01/21 10:31 AM

#369089 RE: stock_observer_77 #369038

stock_observer_77, Actually, it was Democrats who killed the 70 percent tax

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153976262

On 2nd thought YOU should read it all.