DeaconCav06
Dickie Hemric
- Joined
- Mar 17, 2011
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Political Chat Thread - All Topics & Rants Welcome
But capital gains are something that are attainable enough for the middle class that taxing them at higher rates would be political suicide.
At best you could initiate a phase out of the preferred rate.
I think that taxing cap gains at lower rates is a form of class warfare and one of the biggest reasons why our income inequality levels are grotesque, however i'm okay with fighting that battle another day because this infrastructure bill needs to be passed. This country is literally crumbling, and any stimulus right now is a good thing.
But capital gains are something that are attainable enough for the middle class that taxing them at higher rates would be political suicide.
At best you could initiate a phase out of the preferred rate.