Eliminate the Capital Gains Tax. All income should be taxed at the normal tax rate.
Jose Fernandez / October 31, 2011 at 7:10 PM DT
I would argue that both the top tier tax rate as well as the Capital Gains tax are too low. A modest 5% increase in the top tier tax rate would net billions for the country and still be far below the 50-70% highs of earlier decades. It is clear that the government (you and I) need the money and that the .5% of the rich can easily afford it.
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