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Fighting to end destructive double taxation

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Stop Spending! Oh, and Cut Capital Gains

Posted by Brian Garst on June 30, 2010

Rick Santelli, whose famous rant in early 2009 is credited with sparking the Tea Party movement, has done it again.  This time he waved his arms on the floor of the Chicago Board of Traders while screaming “stop spending,” in order to explain his simple solution to reducing deficits.  But while there was a highly amusing debate on this point between Santelli and Steve Liesman, no one objected to the assertion that the capital gains rate should be zero.

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One Response to “Stop Spending! Oh, and Cut Capital Gains”

  1. Harry Thompson said

    Re: Abolish the FICA Death TAx, & double taxation of wages

    Remind working Americans that their wages are double taxed up to around $107,000 (approximate), by income/FICA tax withholding, along with exposure to the FICA Death Tax, that defrauds FICA payers out of their hard-earned `contributions,` if they don`t live to collect any Socialist Insecurity benefits, or have no eligible survivors.
    In the real world, operators of Ponzi schemes are subject to severe sanctions, unlike corrupt politicians, who`re praised, glorified, & enjoy long-term incubmency, for perpetuating the biggiest Ponzi scheme in history, Socialist Insecurity.
    Let the revolution begin, again …no more FICA taxation, without representation.

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