Raising Capital Gains Means Less Revenue
I'm trying to stay out of the Rep/ Dem presidential race, as some of you may have noticed. Nonetheless, this video was sent out meant as an attack on Obama. I don't want to join in the attack but think the point needs to be made that, when the Capital Gains Tax has been lowered, government revenue actually increases.
I realize this video has been clipped and, in fairness, it wouldn't surprise me if someone could find McCain ( or Nader or Mckinney) saying the same sort of thing. Bottom line is, candidates seem to ignore what works and just focus on things that sound good to them: