“Double taxation” is mostly a straw-man
argument. Lots of people and situations
are double or triple taxed: Income
taxes, payroll taxes, and sales taxes. Every
time you pay your repairman, or well, practically ANYBODY, you do so with money
you have already paid taxes on. And that
repairman will pay taxes on the money you give him or her, and so on.
So capital gains and corporate taxes are not
the big deal of disparate treatment they’re made out to be by the right-wing,
although the flow of capital and investment PERHAPS needs consideration.
Lower capital gains don’t create jobs here
either. We’ve had them for many years
and few livable wage jobs have been created by it. They mostly just enrich the rich further, while
the secretaries who serve the rich pay a higher rate on an incredibly smaller income.
We have to quit being manipulated by these
deflective, deceptive lines of bull.
History is going to record us as self-destructants willingly conned into
acting against our interests and for the interests of those doing the
conning. The people of the future will
say those words: “How could they let that happen to themselves?”
Unless we start questioning more and accepting
less.
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