Tag Archives: capital gains taxes

Taxing the rich

Thomas Sowell wonders if facts are obsolete in Democrat politics? Afterall, Baby Barry’s current popularity seems dependent on such old "change" mantras as raising capital gains taxes to make the privileged pay more so government can spend more. But teachers, nurses and mechanics are among the almost half of Americans whose 401K pension income programs depend on involve stocks, and they will take the hit along with the wealthy.