Barry SCHWARTZ (Barijo ŜVARC) (chemoelectric) wrote,
Barry SCHWARTZ (Barijo ŜVARC)
chemoelectric

The astoundingly misleading Charlie Gibson

Charles "Professors Make 150K USD Salary" Gibson says that when you raise the capital gains tax then revenues go down. Thom Hartmann explains: Yes, revenue goes down for one year, because people sell a bunch of capital before the new rate goes into effect.

Duh!
Subscribe
  • Post a new comment

    Error

    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened

    Your IP address will be recorded 

  • 0 comments