Wednesday, August 17, 2011

Would raising the capital gains tax rate REALLY hit the middle cl?

I haven't read the article, but i will say that increases in the capital gains tax would hurt the middle cl(what's left of it anyway) but not directly. The costs of the increase in the tax would be ped down just as always when prices/teaxes increase they are ped along to help secure the wealth of the upper cl.

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