Posted 9/19/2024 12:56 (#10896401 - in reply to #10896231) Subject: RE: Ditto.
East of Broken Bow
Yup.
Remember, when income tax was first suggested, it was going to be a tax only on the rich, and it was to max out at 3%. They considered putting a 3% cap on the amendment to the Constitution when they passed it, but it was objected to because then the government would see it as an excuse to 'raise' it to 3% and leave it there, instead of having a lower rate.
Harris tax on capital gains?
