Zombie Policies

The undead and apparently unkillable idea that we need to end capital gains taxes is one of the more irritating thing to me about politics today. Perry made a comment in the debate the other day that exemplified it – that ending poverty relies on cutting capital gains taxes so that people can put their capital to work.  Of course, having capital to put to work is, operationally, pretty much the inverse of being poor.  I just don’t understand what rank-and-file Tea Partiers think when they hear something like this – is it that they’re okay with exempting the rich from taxes, or that they don’t understand the actual incidence of these taxes?

I should add that the Democrats’ alliance with the Republicans over capital gains taxes does a lot to demonstrate the moral bankruptcy of the Democratic party establishment.  If neither party stands up for working people, nobody will.

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