2013-10-08

Growing The Middle Class

By increasing taxes.

As you know, I fail to see how taxing investment income is productive or efficient. If there's one thing the middle-class has an option to grow savings is investment income. Taxing after-tax dollars used for investments is just about the most short-sighted thing a government can do. It's a form of confiscation really because it's the government sticking its hands in private pockets - just like wise guys.

You shoot yourself in the foot when you support such mindless actions.

Capital Gains
Dividends
Other*
2012
15%
15%
35%
2013+
23.8%
43.4%
43.4%


With the above table, Democrats claim they can reinvigorate the economy restoring innovation and confidence in the entrepreneurial class?

It's Bizarro meets 1984 meets Kafka is what it is. 1984 Revisited: Bizarro Kafka 2013!


No comments:

Post a Comment

Mysterious and anonymous comments as well as those laced with cyanide and ad hominen attacks will be deleted. Thank you for your attention, chumps.