Free To Canoe
Thinks s/he gets paid by the post
Funniest thing I have heard all week.
A GOP budget with no hard numbers - First Read - msnbc.com
Free to Canoe
A GOP budget with no hard numbers - First Read - msnbc.com
Free to Canoe
Perhaps they thought with the Dems controlling anything it would be shot down anyway. Rep Paul Ryan had an alternative budget, but it was scoffed at and slapped aside.........
Not only that, but they've been pretty inept at selling themselves as anything BUT the party of old, well-to-do white guys. Just as we did when the GOP ran everything, we *need* a viable, mainstream opposition party. Too often they've been catering only to the more extreme parts of their respective bases and not to giving the mainstream a palatable alternative.The Rebups suck at marketing. Reagan was the last one who was any good at it and that was the old style. I don't think they even have an internet strategy.
Too often they've been catering only to the more extreme parts of their respective bases and not to giving the mainstream a palatable alternative.
Perhaps they thought with the Dems controlling anything it would be shot down anyway.
The ever present "Capital Gains Tax Cut" is kind of stupid at the moment. ... Although it wouldn't do any harm, capital gains tax cuts are oversold as a cure-all and wouldn't help at all with the current problems..
But that does not help the govt get it's fingers into controlling business. That seems to be the current agenda.On the positive side, not pursing a massive energy tax (carbon cap & trade) gets a big thumbs up
The Rebups suck at marketing.
It wouldn't help "at all"?, Hmmm, now who is "underselling"? I suspect it would help some. Do you have references to explain how it would not help?
I don't think it's as much for current positions (many of which are underwater) as it is to avoid discouraging people from investing because of what could be extremely punitive "real" taxes rates on capital gains.Are people holding on to investments to avoid paying the tax? Makes very little economic sense when investment prices are falling rapidly and capital loss harvesting opportunities abound.
In fact, as long as inflation happens, the longer you hold your investment, the more you're paying taxes on "illusory" gains that really aren't gains after inflation.
If there were a simple way to inflation-index capital gains and losses for something held longer than a year (perhaps by adjusting the cost basis), I don't think it would be terrible to tax ALL cap gains at ordinary rates. But uunder the current system with no inflation indexing for capital gains, taxing LTCG as ordinary income would be exceedingly punitive to very long-term holdings.
Is it to incentivize investment by increasing after tax returns? Prospective returns on most risky assets haven't been higher in my lifetime. What more incentive do you need?
The Rebups suck at marketing.
Maybe one place to start would be to avoid deriding entire cities and states as not part of the "real America".