Saturday, November 08, 2008

"Pretzel Logic"...

.




Not the Steely Dan album from the 1970's but the ongoing debate at work with a co-worker regarding the capital gains tax...




My friend, a strong Obama supporter, has described Obama's promise of a Capital Gains tax increase from 15% to 28% not as a tax increase but as a return to the prior tax rate of George H. Bush?...




With that "Logic", raising the top tax rate to 90% would not be a "tax increase" but simply a return to the prior rates before the Kennedy tax cut...

2 comments:

Michael said...

Cakewalk Z3Ta

RightsideVA said...

Zen

Are we showing "Our" age?...

I had several people who read this site at work ask who Steely Dan was!...

Cakewalk Z3ta...
Do you play?