re: #244 danarchy

Really? If you knew that raising the capital gains rate to 35% would result in lost revenue for the government and a shrinking GDP you would do it anyway? Wouldn’t that hurt the very people you are trying to be “fair” to?

Much of the last century, the top rate was at or above 70%. But that was before the days of “trickle down” and the idea that the best tax policy is one where the rich keep as much of their money as possible in the hopes that they’ll pass some of that on to the lower classes.