Why The Capital Gains Tax Should Be Abolished
As many of you who follow this blog can probably surmise, I am not a big fan of the the current capital gains tax and now the administration is looking to increase the tax 33%, from from 15% to 20%. A friend of mine over at the Center for Freedom and Prosperity, (he’s also a senior fellow with the Cato Institute) put together a great video on why this tax should be abolished, using simple, common sense rationale.
