BarryGoldwater

What Election 2008 Will Do For Our Economy, and Your Tax Bill

Hey, you made a big mistake on your math...

A tax HIKE of 20% off a base of 15% results in a 18% tax rate (.15*1.2). That is not what Obama said.

Obama has said he'd raise capital gains taxes to 28% which is an 86% tax HIKE (.28/.15-1). Even moving from 15% to 20% (as you claim) is a 33% tax HIKE.

So we're going to nearly double taxes on risk capital. Genius approach to economic growth.

That's what you get when you elect a career politician who has never created a job for anyone in his life or risked capital to build anything.