Joe Hicks returns to one of his favorite topics, those who play the race card for fun and profit and those who let them get away with it. Starting with the example of Democratic Senate nominee* Alvin Greene of South Carolina, Joe takes a look at racial hypersensitivity and says “knock it off:”
Russia to drop capital gains tax to attract investment
Russia will scrap capital gains tax on long-term direct investment from 2011, President Dmitry Medvedev has said. Mr Medvedev said that in terms of improving Russia’s investment climate “we, I hope, are moving forward”. … Its oil revenues fund, which has been financing the deficit, is expected to end next year, and the government wants to attract more foreign investment to boost the economy.
Meanwhile, our tax environment is set up to do everything it can to drive businesses out of the country, and many states such as California make it worse.
Who are we again?
Via Dan Mitchell, who explains why there should be no cap-gains tax: