A Comment About

Obama on the Ropes in Philly Debate

April 16, 2008 - 11:10 pm - by Eric Scheie
M. Simon
2008-04-17 06:41:40

I thought Obama’s take on Capital gains was interesting. Even if raising them got less government revenue he was for it.

He called it a “fairness” issue. I call it punishing the people who produce along with the economy. I don’t see how punishing the successful is a function of honest government but, then maybe I just don’t get it. I have been under the mistaken impression all these years that the purpose of taxation was to raise revenue. How naive of me.