Taxes are too high - most of them, anyway. Property taxes, sales taxes, payroll taxes - all too high.
The only tax that's not too high is the income tax on the rich. The tax rate on the richest Americans has declined to the lowest rate on record - 17% - if memory serves.
Taxes on capital gains need to be raised to the same level as taxes on earned income. Taxes on the richest Americans need to be raised - immediately.
Taxes on everyone else should be cut. Especially payroll taxes. Payroll taxes are a tax on work. We need more people working, and taking home more of their paychecks - now, more than ever.
Why should taxes on capital gains be raises to the same level as earned income? WHy don't we lower the tax on earned income to the same level as cap gains?
Lower taxes? You may as well be speaking a foreign language. Leftists don't think it's possible to lower taxes.
Me: we should lower taxes.
Daveman: "Leftists don't think it's possible to lower taxes."
Caveman, I'm a leftist. And I just said we should lower taxes. In the post you quoted.