Indexing the capital gains tax

September 21, 2010

Sounds like a snoozer of a topic, right?

Hey, wake up! It’s your money we’re talking about here!

That’s right. If you’re an investor (and everyone should be in some form, even in this lousy economic climate), then you’re being ripped off by the capital gains tax. Not only is it a form of double taxation that should be eliminated, but, even at the current relatively low rates, you still lose because of inflation. In fact, as this Center for Freedom and Prosperity video demonstrates, it is quite possible to pay taxes on a “gain” that is actually a loss:

It’s like getting mugged and then being forced to pay for the mugger’s cab fare. Some fun, eh?

More seriously, this kind of taxation eventually discourages investment, which hampers economic growth and job creation, something we just don’t need.


Allen West calls out the Democrats

September 21, 2010

Speaking before a Republican small-business group, Col. West points out the Democrat “shadow” who videos all his events* and sends his bosses a message:

You can learn more about Allen West at his campaign site.

via Big Journalism.

*(Yeah, both sides do it. I just enjoy seeing the tables turned.)


Irony, thy name is “ObamaCare”

September 21, 2010

When the (Social) Democrats were shoving ObamaCare down our throats, one of the trumps they played was the Absolute Moral Authority Card: do it for the children!

Now that ObamaCare has passed, insurance companies have to deal with the new costs imposed by the legislation. Since the government threatens to break their legs if they raise prices, there’s only one rational response: cut services.

And thus it is that insurance companies are eliminating children-only plans.

Heckuva job, Progressives.

(Crossposted at Sister Toldjah)


Follow

Get every new post delivered to your Inbox.

Join 13,501 other followers